This discussion laid down the exponential growth in EVs and associated demands for battery raw materials, most notably evolution in lithium-ion battery chemistries. A leading panel of investors and analysts examine the lack of harmony between automotive, mining and government sectors regarding financing the next phases of mine supply to enable the sensational EV penetration trajectory to continue.
The structural challenges facing the sector are discussed, including how will the battery supply-chain alleviate potential bottlenecks and current shortages such as in semiconductors; the scope for better recycling and a circular economy for batteries is examined; and the panel gives their expectations for achieving more sustainable or even zero-carbon battery metals production.
Erez Ichilov, Managing Director, Traxys Battery Holdings
Francesco Bressi, Investment Manager, Resource Capital Funds
Kimberly Berman, Special Projects Analyst, Equity Research, BMO Capital Markets
Ken Hoffman, Senior Expert Basic Materials Institute, McKinsey & Company