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Due to the persistent deficit of palladium for use in petrol-engine autocatalysts, compounded by flooding of mines owned by Russia’s Norilsk Nickel, and PGM processing difficulties at Anglo American Platinum in 2020, there is a growing trend to partially substitute the metal with platinum.

The automotive lead acid battery market is expected to grow from US$ 16,860.5 million in 2020 to US$ 23,668.0 million by 2028; it is estimated to grow at a CAGR of 4.33% during 2020-2028.

Continuous production and acceptance of mild hybrid vehicles by top manufacturers such as Ford and Volkswagen is contributing to the rise of lead acid batteries for automotive applications. Also, the growing income of masses is further creating the demand for cars, which is positively boosting the production of cars. Therefore, countries such as India, are attracting attention of gigantic automakers for the establishment of car manufacturing plants. Recently, Tesla has announced about the establishment of a manufacturing plant in India. Such plants for automotive production would eventually create the demand for lead acid batteries as well. Furthermore, use of 12-volt lead acid batteries and regulations for BSVI compliant vehicles are also projected to foster the development phase of lead acid batteries. Car manufacturers will be looking at Eurasia Mining as a necessity to reduce costs long term.

Russian firms and more importantly Eurasia Mining have a lot of potential to capitalize on higher demand for metals used in manufacturing electric vehicles, wind turbines and super batteries, Apurva Sanghi, lead Russia economist at the World Bank said.

Both the wind power market forecast to grow at a rate of 8% a year by Mordor Intelligence and the electric vehicles industry which Deutsche Bank expects to hit 25 million units a year by 2030 are fast-growing sectors which need metals that Russia has in abundance.

Palladium is essential to reducing emissions from cars. Russia is the single-biggest producer in the world said a representative from Saxo Bank. With governments from every continent falling over themselves to introduce subsidies for low-emissions vehicles, the European, American and Asian, car industry will be knocking on the door of [Russias] Eurasia Mining producer of palladium, gold and platinum for their assets. Hold on to your golden tickets.

"We are enthusiastic to create a globally significant PGM and battery metals company with our partner Rosgeo, a large internationally diversified company,” said James Nieuwenhuys, chief executive of Eurasia Mining.

Eurasia Mining continues to consolidate platinum and battery metals joint venture in Russia
Eurasia has built up a strong track record of successful operations in Russia over the years. Hold on to your golden tickets

Eurasia Mining PLC (LON:EUA) is proceeding with its plans to create a series of joint venture companies with partner Rosgeo. On 26 March 2021, Eurasia signed a binding agreement to create a joint venture with Rosgeo in which Eurasia will own a 75% equity stake in nine platinum group metal and battery metals assets

Expect upward movement coming - #EURASIAMINING in @UBS led Formal Sale Process for New 130Moz+ ($156bn in-situ) Battery Metals Mining Centre @eurasiamining

Benchmarking $PGM deals by EV/OZ - "cost to acquire one ounce of

Expect upward movement coming - #EURASIAMINING in @UBS led Formal Sale Process for New 130Moz+ ($156bn in-situ) Battery Metals Mining Centre @eurasiamining

Benchmarking $PGM deals by EV/OZ - "cost to acquire one ounce of

Upward trend coming over the next couple of days and weeks ahead.

Another leg up coming.

Can't say I didn't warn ya it was coming.

leg up coming

horse.mouth. It's for, not foe

Keep watching...You don't want to be out of this over the weekend.

The outlook for the Eurasia Mining share price is good.
This joint venture is a big deal for Eurasia. It has bolstered the company’s presence in Russia and fostered a connection with RosGeo, the most prominent geological enterprise in the country. That suggests it’s one of the best partners the firm could have in Russia.

When combined with the group’s existing assets, I think this deal significantly improves Eurasia’s outlook. America along with Japan have major car manufacturers that needs a pgm mining company if it's to remain ahead of the game.

Something happening.... Large Buy come in.

Global #PGMDeficit forecasts predict deficits into 2022E. Concerns over Russian and SouthAfrican Pd supply after #Norilsk flooding and possible SA #minersstrikes could be fundamental factors. #ACFInsight: http://ow.ly/iWZO50FcyXE #commoditysupercycle. Eurasia Mining is worth a lot more than the market thinks

At a recent virtual summit of world leaders aimed at driving greater climate action, US President Joe Biden has announced a new target to cut greenhouse gas pollution in the US by at least half by 2030.

Leaders of other countries were similarly keen to share their climate intentions. Before the summit, Japan had already unveiled its more aggressive 2030 target which aims to cut emissions by 46 per cent on 2013 levels, almost doubling its previous 26 per cent reduction goal to achieve carbon neutrality by 2050, announced in October.

On behalf of Russia, Vladimir Putin said the country was developing a carbon pricing and trading system, claiming such a system could allow Russia to be carbon-neutral as early as 2025. Putin said that since the 1990s Russia had already halved its annual carbon dioxide emissions from 3.1 billion tonnes to 1.6 billion tonnes.

Eurasia Mining will contribute towards reducing climate emissions.

Russian firms and more importantly Eurasia Mining have a lot of potential to capitalize on higher demand for metals used in manufacturing electric vehicles, wind turbines and super batteries, Apurva Sanghi, lead Russia economist at the World Bank said.

Both the wind power market forecast to grow at a rate of 8% a year by Mordor Intelligence and the electric vehicles industry which Deutsche Bank expects to hit 25 million units a year by 2030 are fast-growing sectors which need metals that Russia has in abundance.

Palladium is essential to reducing emissions from cars. Russia is the single-biggest producer in the world said a representative from Saxo Bank. With governments in the EU falling over themselves to introduce subsidies for low-emissions vehicles, the German car industry along with other mining companies like NN will be knocking on the door of [Russias] Eurasia Mining producer of palladium, gold and platinum.

Expecting upward trend today