PDAC2023: Battery metals projects catch eye of pension funds and carmakers batterymetals EVs automotive lithium cobalt nickel graphite
Critical minerals projects are attracting newfound interest from pension funds and automakers to help tackle a looming shortage of battery metals, say some of Canada’s top investment bankers.
The rush for metals like lithium, copper and nickel needed to power electric vehicles has “clearly brought the sector into a spotlight that it wasn’t in a few years ago,”, global mining co-head at BMO Capital Markets, said during a Monday panel discussion at a mining conference in Toronto.
Governments worldwide pushing for EVs “really, really quickly” to meet emissions targets are discovering supply constraints for key metals, Bahar said. “What everybody quickly realized is, one, that the supply is not fully available here, and two, that it’s controlled by a certain country that has a 15-year head start.
Pension funds are starting to consider investing in the battery metals industry, though some have expressed concerns tied to environmental, social and governance issues and bureaucracy, said“I’ve talked to pension funds, and they’ve been like: ‘We’ll invest in this space, we’ve heard of the OEMs investing directly, but we have to see Indigenous issues resolved and permitting issues resolved’,” Bains said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
St. Thomas, Ont., preps massive greenfield site in hopes of landing EV battery plantA plot of land sprawling six square kilometres has been cordoned off at the northeastern edge of St. Thomas, Ont. as the provincial and municipal governments clear the way for a major automotive investment in the southwestern Ontario city.
Lire la suite »
Male found on sidewalk critical after suspected assault in EtobicokeToronto Police are investigating a suspected assault that sent a male to hospital late Sunday.
Lire la suite »
Ring of Fire topped agenda at recent meetings between Ford and Trudeau, docs show | Globalnews.caPlans to build a road in the northern Ontario region to mine critical minerals for battery manufacturing was a key discussion between the two leaders, exclusive documents show.
Lire la suite »
Ontario Approves First Nations plan for road to the Ring of FireRoad connecting First Nations communities to provincial highway network and world-class critical mineral deposits
Lire la suite »
A niche in the critical mineral space - Euro Manganese's Matt James on the company's namesake metalA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
Lire la suite »