Anthony discusses the increasing adoption rate for electric vehicles and how they are higher than expected for 2018. There is real demand by consumers for electric vehicles, and people are prepared to buy them. The real story will be in China where the need to clean up the air has created a government mandate to build an electric vehicle industry.
Anthony gives his thoughts on the supply and demand picture for cobalt and how that will change in 2019. He says, “The next push will come as adoption rates increase.”
Copper will reveal all-time highs through the next market cycle, but it’s hard to time that precisely. There is massive demand for it from all forms of electrification, grid storage, batteries, and new vehicles. The electric industry is undergoing a complete transformation. Copper is going to have a tremendous run at some point.
Georgian Mining Corporation (LON:GEO), the AIM listed copper-gold exploration and development company, today announced that the Georgian Government Resolution on the Company’s pending exploration permit was included in a cabinet meeting at the end of December 2018, immediately before the Government went to recess for the festive season.