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Global supply crunch for battery metals

From aheadoftheherd.com

Electrification and decarbonization are anticipated to be one of the biggest investment trends of 2022. Just two weeks into the new year, we’re already witnessing a big rally in EV battery minerals, perhaps a precursor to what could be a historic year for metals considered vital to the energy transition. Nickel prices last week surged to its highest in a decade, with investors betting on a global scramble for supplies of the EV battery material. Another key battery mineral that has seen its prices soar is lithium, which started 2022 on a record high, continuing its strong form from last year. Data from S&P Global ... (full story)

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  • Category: Fundamental Analysis