Is there a new supercycle in metals and minerals?

Miners have four key decarbonisation metals in focus: lithium, nickel and cobalt, which are all key raw materials for rechargeable batteries, and copper, the mainstay of electrical circuits for over a century, which is needed to help build the infrastructure of a new electrically powered age.

A typical electric vehicle battery pack needs around 8kg of lithium, 35kg of nickel, 20kg of manganese and 14kg of cobalt, according to research by the IMF, while charging stations require substantial amounts of copper.

As the world’s most important industrial metal, the role of copper in the energy transition has received a lot of attention from analysts, investors and the industry.

Jubilee Metals Group (LON:JLP) is a global, diversified metal recovery company that operates world-class projects, ensuring a positive impact on the environment and its stakeholders.

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