Electric Vehicle Boom Drives Metal Demand

The electric vehicle revolution is creating unprecedented demand for critical metals, reshaping global supply chains and creating new opportunities for mining and metal processing companies.

Key Metals in Demand

• Lithium: Essential for battery production, demand up 400%
• Cobalt: Critical for battery cathodes, facing supply constraints
• Nickel: Key component in high-energy density batteries
• Rare Earth Elements: Essential for electric motors and batteries

Market Dynamics

The EV boom is driving significant investments in mining and processing capacity, with companies racing to secure long-term supply contracts.