Five Good Reasons to Be Bullish on Electrification Metals

by Richard (Rick) Mills
Ahead of the Herd

While there is little we can do to prevent climate change — the Earth is going to continue to warm until it isn’t — we can do our part in cleaning up the atmosphere by reducing fossil fuel usage.

The modernization and electrification of the global transportation system will require a change hitherto unprecedented in the history of civilization. The fossil-fuel-based transportation system needs to be electrified, and the switch must be made from oil, gas and coal-powered power plants to those which run on solar, wind and nuclear energy. If we have any hope of cleaning up the planet, before the point of no return, a massive decarbonization needs to take place.

On top of surging demand for metals needed to feed so-called “green infrastructure” programs being rolled out in the United States, Europe and China, we have emerging structural deficits for several metals, that will keep prices buoyant for the foreseeable future.

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