Simon Moores on Trends Clips below from SM ..... IMO and that of many, FT cannot be left out of this picture in Canada let alone N/A .... it's ready to go and in advanced stages on so many fronts.
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Megatrends are macroeconomic, geostrategic and geopolitical forces that shape our long-term futures on a global scale. They do not come along often and are usually discussed from the perspective of what is to come rather than what is actually playing out in front of us today."
"....Cobalt demand from the battery industry will reach over 70% of total global volume in 2022, the highest proportion of demand of any of the battery minerals, followed closely by lithium……
...If you do not physically own the raw material mine level assets, you simply will not have complete control over your EV destiny for at least the next 10 years.
Once the automotive industry realises that it not only lacks dominion over the battery supply chain but is, at present, subordinate to it, then the energy storage revolution will come of age.
Until then we can celebrate the fact that it has arrived but must take note that the greatest challenges of scaling the supply chain, from mine to cell, are just beginning......"