Great article on Key “Green Metals” industry in China
SHANGHAI PLANS TO ADD 100,000-200,000 PUBLIC AND PRIVATE NEV CHARGING POINTS OVER THE NEXT THREE YEARS
Colin Hamilton of BMO Capital Markets commented in a research note that the document “also encourages supply chains to be kept onshore while striving for technological innovation.”
Natalie Scott-Gray, senior metals analyst with StoneX, said the announcement “has solidified the bullish sentiment towards the future use of key ‘green metals’ being utilized in electric vehicles,” which include copper used in electric wiring, aluminum for light-weighting, and lithium, nickel, and cobalt used in lithium-ion batteries.