The Q&A panel over ‘battery metals’ revealed that investors keep up high hopes on the development of cobalt, nickel and copper demands.
Whilst new battery technology R&D is likely to turn away from today’s state-of-the-art Li-ion battery, the already established infrastructure is taken as a strong indication that lithium demand will remain high over the next 5-6 years.
Surprisingly, similarly critical rare earth elements (REEs) were given the Cinderella treatment – obviously as a consequence of the frustration many investors experienced during the hype in recent years.
At the end of the day, “nobody cares about the academic energy discussion – we just want to make money out of it” (Anthony Milewski, Cobalt 27).
Updates from Martin Giger