The investment leader’s panel at 121 Cape Town opened with clear and stern messages for the politicians, automotive and generalist investment community to embrace the opportunity in the mining sector as the essential first pillar to enable the energy transition.
The global materials shortages of battery metals is considered a crisis. With $550bn committed capital from non-Chinese automotive OEMs to build battery capacity, the demand is clear while the panel felt they wont be able to source adequate feedstock to supply the demand they are creating for battery gigafactories. Thus a tremendous opportunity for new quality mining companies.
The prominence of the SADC region is highlighted in terms of the critical resources available that will supply the worlds decarbonisation and electrification efforts. The panel tackle how to as an investor play this multigenerational energy transition thematic?
It was felt the equities market is back an open for the right projects, with generalists and more banks needing to come back in greater volumes to fuel the bull market on from this early stage.
Brian Menell, CEO, TechMet
Philip Clegg, Portfolio Manager, Orion Resource Partners
Lloyd Pengilly, Chairman, Qora Capital
Hans-Arne L’Orange, Head of Metals & Minerals, Clarksons Platou Securities
Cathy Nader, Principal, Mining & Resources, Nedbank CIB