Electric vehicle rally to maintain demand for battery metals despite Covid-19

Although subdued as a result of Covid-19, demand for battery metals, including cobalt, lithium and copper, will remain strong as a result of growth in the global electric vehicles (EV) market, business intelligence company CRU UK cobalt, lithium and battery markets senior analyst George Heppel said this week.

Speaking during a virtual DRC Mining Week webinar, titled ‘Which commodities are showing more resilience amid Covid-19 and why?’, on June 18, he said the prospect of an e-mobility transition had not diminished during the Covid-19 pandemic.