V-Con: EV Revolution – the major investing thematic of the 2020s
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V-Con is Stockhead’s investing focused video conference series, bringing you expert insights, panel discussions and presentations from leading analysts, listed small caps and industry players.
This latest video conference focuses on the EV revolution.
It took a full five years for electric vehicle sales to reach 1 million in 2015. Since then, things have gone exponential. In 2021, we are hitting those numbers in weeks and months, not years.
In June, EY predicted that electric vehicle sales in the US, China and Europe would outstrip all other engine sales by 2033 – five years sooner than expected.
By 2045, non-EV sales will shrink to less than 1% of overall sales. This is great for graphite, nickel, cobalt, lithium, and rare earths stocks with exposure to this burgeoning thematic.
Less than 12 months ago lithium stocks were in the proverbial crapper. Sentiment is now at all-time highs, thanks to increasingly aggressive EV targets, rising lithium prices, and the growing sense there isn’t enough supply to go around.
The EV industry is also set to drive 700% growth in natural graphite demand by 2025. Meanwhile, Roskill forecasts the demand for nickel and cobalt chemicals will grow by over 500% and 100%, respectively, between 2021 and 2030 — and the race to secure “green” battery-grade nickel units is intensifying.
Rare earths are also running hot. In the June quarter Lynas (ASX:LYC) – the only scale producer of separated rare earths outside China – raked in record sales revenue of $185.9m.
EVs also contain approximately four times as much copper as conventional cars. This could push copper above $US20,000 per tonne, up from a current price of ~$US9400/t, experts say.
To get a gauge on the growth prospects for EV industries, we hear from experts and a selection of listed companies making waves in the sector, each giving an overview of market trends, price dynamics, and future plans.
Session 1 – Expert Interview
Sky News and CNBC business journalist Oriel Morrison interviews Professor Ray Wills of Future Smart Strategies.
Professor Ray Wills is an authoritative commentator and respected adviser on sustainability across all sectors, including the built environment, cleantech, energy infrastructure, industrials, manufacturing, resources, transport, and water.
Session 2 – Company Presentations – Part 1
Firefinch Ltd (ASX:FFX)
Dr Michael Anderson, Managing Director
Firefinch is a Mali focussed lithium developer and gold miner with aspirations to make two billion-dollar-plus companies of its Goulamina Lithium Project, the world’s largest undeveloped high-quality spodumene deposit, and Morila Gold Mine, one of the world’s great open pit gold mines.
RareX Ltd (ASX:REE)
Jeremy Robinson, Managing Director
RareX is focussed on developing rare earths deposits in Australia including Cummins Range Rare Earths Project in the East Kimberley region of Western Australia.
European Metals Holdings Ltd (ASX:EMH)
Keith Coughlan, Executive Chairman
European Metals is developing the Cinovec Project, the largest hard rock lithium resource in Europe. Cinovec is on target to produce Europe’s first domestic lithium battery chemicals for supply into the fastest growing lithium market in the world.
EcoGraf Ltd (ASX:EGR)
Andrew Spinks, Managing Director
EcoGraf is building a diversified vertically integrated battery anode material business to produce high purity battery anode materials for the lithium-ion battery markets.
Session 3 – Company Presentations – Part 2
Aruma Resources Ltd (ASX:AAJ)
Peter Schwann, Managing Director
Aruma Resources Ltd is an active gold and lithium exploration company drilling advanced projects Pilbara and Norseman regions of Western Australia.
Essential Metals Ltd (ASX:ESS)
Timothy Spencer, Managing Director
Essential Metals is positioning to become a new force in the supply of lithium. It holds the Pioneer Dome Lithium Project (in WA) incl. a 11.2Mt @ 1.21% lithium Mineral Resource.
Greenwing Resources Ltd (ASX:GW1)
Rick Anthon, Chairman
Greenwing is an emerging fully integrated green metals company with comprehensive exposure to graphite, advanced materials and lithium.
Prospect Resources Ltd (ASX:PSC)
Samuel Hosack, Managing Director
Prospect is a battery minerals company with a focus on lithium in and around Zimbabwe, with the flagship project being the 70% owned Arcadia Lithium project, located on the outskirts of Harare in Zimbabwe.
