Vast Fortunes Will Be Made in Obscure Metals Behind Clean Power; Lithium, cobalt and rare earths,

[riversedge]

Last edited Sat Sep 25, 2021, 10:29 AM - Edit history (1)

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Vast Fortunes Will Be Made in Obscure Metals Behind Clean Power


https://www.bloomberg.com/news/newsletters/2021-09-25/merkel-bowing-out-global-divisions-widen-weekend-reads?utm_source=twitter&utm_medium=social&utm_content=politics&utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-politics


The shift from fossil fuels to clean energy will accelerate demand for metals like lithium, cobalt and rare earths, a potential bonanza for investors. The transition could require as much as $173 trillion in energy supply and infrastructure investment over the next three decades, Andrew Janes, David Stringer and Adrian Leung report.


Lithium Production At Albemarle Facility As Company Ups Game In Race To Power Electric Cars




Brine pools at the Albemarle Lithium mine in Calama, Chile, on July 20.
Photographer: Cristobal Olivares/Bloomberg

[Tikki]

1. Thar' be gold (or whatever) to be mined in Asteroids...Go Up, Young Man.

There’s Big Money to Be Made in Asteroid Mining.
Published 5 years ago on November 2, 2016
By Jeff Desjardins

If humans were ever able to get their hands on just one asteroid, it would be a game-changer.

That’s because the value of many asteroids are measured in the quintillions of dollars, which makes the market for Earth’s annual production of raw metals – about $660 billion per year – look paltry in comparison.

more at link.

https://www.visualcapitalist.com/theres-big-money-made-asteroid-mining/

Tikki