Electric vehicles (EVs) typically require significantly more copper than conventional internal combustion engine vehicles. On average, an EV can use about three to four times more copper than a traditional vehicle, primarily due to the following factors: 1. Electric Motors: EVs use electric motors instead of engines, which require more copper for windings. 2. Batteries: The battery packs in EVs, especially lithium-ion batteries, have copper components fo...
So when I started investing I thought i was smart buying lithium miner stocks. They are now all down 30-40% and I am really considering taking the hit to shed my portfolio of them or stick it out to try and recover. Here are the stocks I have: Albermarle at $215 SQM at $80 PLL at $55 SLI at $5.25 I had quite a bit of LAC but I kneejerk sold it all last night after the recent stock split and it just bleeding since I think the EV focu...
$Aluminum Concept (LIST0770.SH)$$Nickel Concept (LIST0578.SH)$$Looking at historical commodity prices, every time we've had high inflation in the past, gold and silver have shot up. It makes a certain sense, as their value is essentially static, so when currency loses relative value, then they should go up, at least in dollars. Why is this not happening now? The low-hanging fruit answer would be that CPI (which doesn't care about precious metals, and only measures things that people act...
$Tesla (TSLA.US)$$Nickel Concept (LIST0578.SH)$$Aluminum Concept (LIST0770.SH)$The mass adoption of electric vehicles (EVs) might be further dampened by the rise in prices for the metals — such as lithium, cobalt and nickel — used in EV batteries. Steep rises in battery raw materials prices since the start of 2021 are causing speculation over either demand destruction or delays, and have led to the belief that automotive companies co...
1. Electric Motors: EVs use electric motors instead of engines, which require more copper for windings.
2. Batteries: The battery packs in EVs, especially lithium-ion batteries, have copper components fo...
Albermarle at $215 SQM at $80 PLL at $55 SLI at $5.25 I had quite a bit of LAC but I kneejerk sold it all last night after the recent stock split and it just bleeding since
I think the EV focu...
Why is this not happening now? The low-hanging fruit answer would be that CPI (which doesn't care about precious metals, and only measures things that people act...
Steep rises in battery raw materials prices since the start of 2021 are causing speculation over either demand destruction or delays, and have led to the belief that automotive companies co...
No comment yet