EV Market Growth11 Sep 2020 12:44
TSLA Statistics show that electric vehicle demand is on the rise, and with it will come increased consumption of critical battery metals tinyurl.com/y2ehdh7a via @proactive_UK @Tesla #TSLA
.
One in ten of all new cars sold in the UK during August was an electric vehicle, according to figures released by the Society of Motor Manufacturers and cited by broker SP Angel.
.
That in turn, leads us to the batteries that power these cars. They are being refined all the time, but what we know at the moment is that they are likely to continue to contain sizeable amounts of nickel and lithium, with some variants more heavy on the cobalt than others.
.
Is there a way for investors to capitalise on this opportunity?....AMC and it’s 1.58million tonne of drill proven Class 1 Nickel Sulphide would be a good place to start :)