Electric vehicles are set to oust combustion engines out of its market dominance over the next decade or so. As prices drop and performance improves, they will become more and more economically viable for consumers.
The battery sector is set to become the second largest consumer for nickel by the middle of the 2020s. Copper will also increase in demand over this time period for use in charging ports, stations, and ancillary cabling.
Georgian Mining Corporation (LON:GEO) has 50% ownership of the Bolnisi Copper and Gold Project in Georgia, situated on the prolific Tethyan Belt, a well-known geological region and host to many high-grade copper-gold deposits and producing mines.