People can argue all they want about which battery technologies will get adopted, but ultimately that energy will need to be transmitted through the car, and so copper demand is going to be a clear winner in this area.
Due to that lack of spending, the pipeline of copper mines set to come online in the next few years is the smallest seen so far this century, both in terms of number and production capacity.
With the copper spot price knocking on the A$10,000/tonne door, ASX companies with Cu-Co projects should do very well from the above.
HAV looks like a one-stop supply chain for the long-term rEVolution, with more upside to come.
Cheers
These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
