It is anticipated that EV batteries and chargers alone may consume over 50% of all available cobalt and rare-earth elements and 36% of nickel resources by 2030. The number of the roughly 500 cobalt, copper, lithium and nickel mines operating today will need to increase by as much as 76% to almost 900 in order to meet demand for batteries, analysts wrote.McKinsey’s report highlights that recycling could only account for 10% of supply for minerals such as copper, lithium, and nickel by 2040 and potential substitute materials are still nascent. QUOTE
We are definitely in the right commodity are precisely the right time IMO
https://www.mining.com/climate-targets-threatened-by-lack-of-mining-investment-mckinsey/
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