The news is getting better daily as not only China is developing...

The news is getting better daily as not only China is developing their infrastructure at break neck speed but there is a talk of a serious infrastructure push in USA worth $4.6 trillions!!!... and other countries will follow... so will have not only LITHIUM, but hopefully, with a bit of luck, Gold, Uranium, Silver so what is the finance of $85 M when one country only will likely spend $5 trillions ...all based on decarbonisation of the future economies... and VW is to T/O the lead in EV transport ...including $1.5 Trillion of ev truck industry makeover/ DYOR:

"As Joe Biden and the Democrats come into power, much has been said about how the US may look to spend to rebuild some neglected infrastructure projects. Barack Obama had "shovel-ready" plan and Donald Trump's "trillion-dollar plan" to rebuild the nation didn't really bring too much to the table but now the Metals Service Center Institute (MSCI) has launched its "Build Now" campaign in February 2021.

The plan encourages people to share images of bridges, train lines, hospitals and roads in need of replacement or repair. The MSCI think this could change a nation that has been left with underinvestment in public infrastructure for a long while.

There is speculation that a plan worth $2-trillion could signal buoyant demand for steel and non-ferrous metals in the medium term. The MSCI think about $4.59 trillion over the next five years is actually what is needed.

Previously, infrastructure projects used steel products, including reinforcing bar (rebar), structural and rail. Now with the growing decarbonization pressure, any new pending plans will fall in line with the green agenda.

Longer-term, this could have a massive effect on the steel industry. Demand for the metal is growing rapidly at the moment. US rebar prices hit $835 per short ton in early March. The American Institute of Architects (AIA) indicates that non-residential construction spending could fall by 5.7% in 2021.

Although the price of steel is rising Mark Hume Manager of the BlackRock Energy and Resources Income Investment Trust said "As money from fiscal stimulus packages goes towards decarbonisation and renewable energy infrastructure, we expect demand for nickel, aluminium, copper and lithium to increase. Renewable energy systems consume around five times more copper than conventional power generation systems." he said in a recent report.

By Rajan Dhallplus:

https://www.marketwatch.com/story/watch-tesla-nikola-and-these-other-stocks-as-change-comes-for-a-trucking-market-worth-1-5-trillion-says-ubs-11616099185