Fabled Silver Gold Corp T.FCO

⚡️Electric Cars Spark New Mining Boom⚡️

[JulianAssange]

The China boom has come and gone but miners say a new scramble for resources looms, triggered by the dawn of the electric car age.

The motor industry is placing huge bets on electric cars becoming mainstream over the next decade. Miners have been busily looking under the bonnets and inside batteries and decided that they will have to dig up a lot more lithium, copper, nickel and cobalt.

Tesla, the electric vehicle manufacturer controlled by Elon Musk, has said that it would require today’s entire worldwide production of lithium ion batteries to meet demand for its target of half a million cars in the second half of the decade.

https://www.thetimes.co.uk/article/electric-cars-spark-new-mining-boom-zh6kd20cg