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Why ASX battery metals juniors are prime takeover targets for the majors
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10 hours agoNovember 2, 2018 | Angela East
Juniors in the battery metals space are looking attractive to the bigger miners and the good news is they will likely bring a premium with all the bargains now gone.
Two potential targets are European Lithium (ASX:EUR) and Jadar Lithium (ASX:JDR).
Both have lithium projects in Europe, which has been aggressive in its pursuit of a leading electric vehicle industry.
“In Europe a lot of countries now have said 2025 is the key date for no new internal combustion engines on the road,” European Lithium chairman Tony Sage told *.
“That’s now in France, Germany and England. Italy and the other countries will follow suit because they will mandate it.
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