Digging into EV Battery Mineral Market & Automaker Evolution with Mining Investor

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I recently sat down with Brian Menell, CEO and Chairman of TechMet, to talk EV battery mineral mining, investment in this fast-changing market, and the Inflation Reduction Act of 2022. As someone whose company is

We talked a bit about China’s leadership, foresight, and dominance of the lithium processing and associated battery cell component market. We also talked about market supply in the coming decade and whether the market can respond adequately to fast-growing demand. “I’m less worries about 2030 onwards,” Brian said. “You know, you’re right, the market generally takes cares of itself. So high prices result in stimulating more supply and it’ll eventually balance out.

“So, you know, now’s the time when countries and companies will need to decide whether they’re going to be one of the winners or the losers, and the winners need to take equity risk in mining metal — which is tough for car companies. Because it is a different industry — different set of risk factors, different set of value drivers — and you know, they’re not that high up the learning curve.

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