The political commitments globally towards decarbonisation has seen changes in the incentives for electric vehicles, resulting in an rapid increase in electric vehicles sales and demand for batteries used in their manufacture.
The increase in demand is translating back through the supply chain into significant growth in demand for battery raw materials.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.