Mining and metals take centre stage in the energy transition

The mining sector is set to reap the benefits of increased global demand for a number of strategic metals in 2022 and beyond, bolstered in large part by intensifying energy transition efforts and pandemic-driven disruptions that are already pushing some metal prices to record or near-record levels.

In the coming decades, demand for metals like copper, lithium, cobalt, nickel, rare earths, and many others are expected to grow exponentially, breathing new life into a sector looking to transform and innovate.

Whether it is batteries or charging stations for electric vehicles (“EVs”), or solar panels and wind turbines for green power, the accelerating push toward clean, renewable energy and net-zero emissions will fuel extraordinary demand for metals that could keep prices elevated for years to come.

Click here to read the full article from RBC Capital Markets and understand the dynamics at play for the industry’s long-term growth and expansion fueled by the race to net-zero emissions.