There are two unsung hero metals used in the production of electric vehicles or EVs and the batteries that power them – and neither of them are lithium.
These minerals are of course nickel and copper, and their availability, price, and sustainability are critical factors for the global growth of the EV fleet.
Copper is used in EV batteries to make the current collectors that transfer the energy from the cathode and anode. Copper is also a critical component of the electrical systems of EVs, including the motor, charger, and electronics.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
