Business
Mining’s next super cycle will be low carbon – The Australian Financial Review
Forget iron ore or gold, Acorn Capital’s Rick Squire and Karina Bader say the next mining super cycle will be in the shift to battery-dominated energy.
“The next super cycle is not about the urbanisation of China, it’s about the switch to a low carbon economy and lithium, nickel, rare earths and copper will do that,” he says.
“The mineral deposits that contain a lot of those deposits are very complex mineral systems and there can be all sorts of problems in processing and mining. Contrast that with coal and iron ore, where you can set up one big mine and it runs for several decades. We’re looking at something very complex and different.”
Anac…
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