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The rush for strategic metals, a sovereignty issue

2021-03-21T18:58:36.584Z


DECRYPTION - Nickel, lithium, cobalt, rare earths are already the “oil” of the ecological transition. Avoiding shortages is essential for Europe, dependent on China or Africa.


An outbreak.

Some experts do not hesitate to qualify the rise in prices, observed for several months, of many minerals and metals.

This is the case for lithium, whose price, at more than $ 12,000 per tonne, has doubled since November.

Or cobalt - over $ 52,000 a tonne - which took 50%.

Nickel is no exception.

The restart of the Chinese and Asian economy explains these movements.

But over the longer term, investors and analysts are convinced that this uptrend will continue.

Because copper, cobalt, nickel, lithium, graphite and aluminum are six essential metals in the manufacture of batteries, motors or the bodywork of electric vehicles.

The competition to secure long-term supplies is fiercer than ever

", Notes the site mining.com.

Read also:

Strategic metals: China, all-powerful, from mining to refining ores

Other metals with sometimes exotic names, selenium, gallium, or indium, are highly sought after because they are essential for the manufacture of panels.

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Source: lefigaro

All news articles on 2021-03-21

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