When it comes to the rapidly growing electric vehicle (EV) industry, the crosshairs of the materials community are focused squarely on battery technology. However, this is not the whole story. With up to 130 million battery EVs and 90 million plug-in hybrid EVs expected on the roads globally by 2030 (compared to that of 3 million in 2017), some big changes are on the way for some major commodity metals. What are the materials that will shape the future of EVs?
Georgian Mining Corporation (LON:GEO) has 50% ownership and operational control 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. The Bolnisi concession covers an area of over 860 sq km and has a 30-year mining licence with a variety of targets and projects ranging from greenfield exploration / target definition phase through intermediate target-testing phases to more advanced projects including Kvemo Bolnisi East which will advance to Feasibility Study in 2018. These projects are proximal to existing mining operations owned by the Company’s joint venture partner, and their sister production company. Georgia has an established mining code and is a jurisdiction open to foreign direct investment.