Battery technology has brought stability to renewables and made the electric vehicle dream a reality. The battery industry is seeing unprecedented demand as the global energy sector transitions into clean energy and electric vehicles disrupt the internal combustion engine’s conventional hold on the automotive industry. On the back of this paradigm shift, battery metals such as lithium and cobalt have seen a huge surge in prices, while copper, nickel, graphite and rare earths are buoyed by new markets to explore. With demand forecast to increase exponentially for the foreseeable future investors are rushing to get in on the ground floor.
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