African Energy Metals Inc NDENF

Exponential Battery Market Growth

[Justdosomedd]

The DRC is an often overlooked nation among global powers. However, they hold significant mineral resources, including copper, lithium, and up to 70% of the world’s cobalt (3.5M metric tonnes of cobalt reserves). Now with the global demand for these energy metals continuing to skyrocket, the DRC is a country that has the resources to capitalize and grow off of the demand. A recent report from McKinsey predicts 30% YOY growth in battery demand until 2030.

 

https://www.mckinsey.com/capabilities/operations/our-insights/power-spike-how-battery-makers-can-respond-to-surging-demand-from-evs

With CUCO focusing on exploration now, the current $3.6M valuation could see significant upside, especially looking at the $40M/$2.4B valuations of property peers.