Australian Mines LTD (AMSLF)

[GetRich902902]

Metal mining constraints on the electric mobility horizon

Cobalt, nickel, and lithium demand for electric vehicle batteries is expected to boom up to 2025 and beyond. The growth in battery demand has driven up raw material prices and given rise to concerns about potential cobalt, nickel, and lithium scarcities.

Between now and 2030, this emerging supply chain is expected to produce over 340 million electric vehicles (from passenger cars to trucks and buses)1 . The implications of the shift toward electric vehicles will be enormous for the global automotive supply chain and their raw material requirements. Analysis of raw material requirements for batteries, which includes a radical shift away from cobalt- to more nickel-intensive batteries, shows that with expected metal supply developments, EV adoption is likely to be challenged by availability of cobalt and class 1 nickel around 2025.

So we can see how valuable the minerals in the mines at Australian Mines LTD (AMSLF) will be. This companies stock price will rise dramatically.


https://www.mckinsey.com/industries/oil-and-gas/our-insights/metal-mining-constraints-on-the-electric-mobility-horizon