Electromobility on the rise
Originally, Amazon had ordered the first 100,000 E-transporters. Since this still takes time until all of them are in use, an additional 1,800 sprinters equipped with electric batteries were ordered. More than 150 electric delivery vehicles are already in use in Essen. This shows that not only private car buyers, but also parcel services and the courier industry in particular are driving electric mobility forward.
In Germany, the transport sector is responsible for around 18 percent of CO2 emissions and this figure has not yet been significantly reduced. Increasing numbers of electric vehicles will have a positive effect here. A central factor here are lithium-ion batteries. The raw material lithium required for this is being promoted by companies with lithium projects.
These include Millennial Lithium: https://www.commodity-tv.com/play/mining-newsflash-with-fiore-gold-millennial-lithium-treasury-metals-and-goldmining/. Work on the flagship project, the Pastos Grandes project in the Argentine lithium triangle, is proceeding according to plan. The project will deliver the best battery quality, around 24,000 metric tons per year.
Especially for commercial vehicles, a fuel cell drive powered by hydrogen is to be favored in the future. This technology is particularly suitable for public transport, railroads and trucks, while for private vehicles it is more advantageous to use lithium-ion batteries. For fuel cell drives, copper is increasingly needed, just as for lithium-ion battery vehicles.
This has, for example, Hannan Metals in the soil: https://www.commodity-tv.com/play/hannan-metals-exploration-of-a-large-area-in-peru-for-copper-and-silver/. Its San Martin project in Peru has high quality silver and copper resources. 87 mining concessions are included. The company has a proven track record of successfully mining and developing mineral projects over many years.
Latest company information and press releases from Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp/) and Hannan Metals (https://www.resource-capital.ch/en/companies/hannan-metals-ltd/).
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