https://www.reuters.com/business/sustainable-business/tesla-buy-more-than-1-bln-australian-battery-minerals-year-2021-06-02/
Although this article doesn't say exactly what minerals Tesla are looking at, it is a fair bet that Tesla along with other fund managers, Superannuation Funds, etc will be eyeing Green Energy Minerals in Australia and will "float all Green Energy boats" within Australia. For sure excellent news for CYM and other copper producers.
At it's height in January, Tesla's market Cap was US$880 Billion, so a lot of money tied up with what Tesla are doing. Big players will be watching the Australian Minerals sector from now on.
Here is the projected copper use of Tesla 2021
Add to that all the other car manufacturers will make moves similar to Tesla to ensure they have a reliable supply of minerals to build their EV cars.
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