Good prospects for battery and automotive raw materials

In addition to lithium for the batteries, important raw materials for the future include platinum and palladium.

Experts expect demand from the automotive sector to recover, as will industrial demand. Demand for platinum and palladium should therefore accelerate. Asia and China in particular are acting as drivers; in addition, the Western countries should also provide demand, as the economy in the EU and the USA is proving better than expected a few months ago. As platinum is mainly needed for the green energy transition and in the hydrogen industry, the outlook for platinum is probably better than for palladium. In any case, the supply of critical and strategic raw materials is an issue that economies can no longer ignore. According to the World Platinum Investment Council, a supply deficit is expected on the platinum market until 2027, according to forecasts.

One of the most important raw materials is lithium for lithium-ion batteries. Because lithium is the main component of rechargeable batteries, whether cars or cell phones. According to IMF estimates, lithium (along with cobalt) will claim the largest consumption growth among battery metals by 2050. According to the International Energy Agency, the goals of the Paris Agreement will ensure extremely rising lithium demand. With some industry experts expecting supply shortages of battery metals as early as 2024, investors should also familiarize themselves with lithium companies.

There is Alpha Lithiumhttps://www.commodity-tv.com/play/alpha-lithium-is-building-a-pilot-plant-found-a-fresh-water-source-wants-to-expand-hombre-muerto/ -, for example. In the famous lithium triangle, in Argentina, the company owns two very promising lithium projects.

Sibanye-Stillwaterhttps://www.commodity-tv.com/play/sibanye-stillwater-strong-outlook-for-2023-with-diversified-metal-production/ -, for example, focuses on platinum and palladium and other battery metals. The company also produces gold in addition to platinum and palladium. The projects are located in the USA and in Africa.

Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer:
The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Firmenkontakt und Herausgeber der Meldung:

Swiss Resource Capital AG
Poststrasse 1
CH9100 Herisau
Telefon: +41 (71) 354-8501
Telefax: +41 (71) 560-4271
http://www.resource-capital.ch

Ansprechpartner:
Jörg Schulte
Telefon: +49 (2983) 974041
E-Mail: info@js-research.de
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel