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EV penetration rates to drive demand for numerous raw materials

By:  
Creamer Media Reporter
 
Mining Indaba Review
With electric vehicle (EV) market growth to drive demand for lithium-ion batteries, as well as the materials used in their anodes and cathodes, soaring demand for numerous raw materials can be expected in the next ten years, says international metals and minerals researcher Roskill steel alloys manager Jack Bedder. He adds that many of the materials used in lithium-ion batteries are mined in Africa and that, in certain cases, African countries represent the “lion’s share” of mine production – in, for example cobalt and manganese. The continent also contains various nickel, graphite and lithium resources.
 
 
 
 
 

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