Mining Capital's Alastair Ford talks Lithium, Cobalt and the growing electric vehicle market.
Ford discusses the lithium assets of Savannah Resources Plc (LON:SAV) as well as European Metals Holdings Ltd (ASX:EMH; LON:EMH) and Bacanora Minerals Ltd (LON:BCN)(CVE:BCN).
He says he's been speaking with the team at Cadence Minerals Plc (LON:KDNC) (OTC: KDNCY), who have significant investments in both Bacanora and EMH, and adds that they're very confident on the future demands for lithium.
''It looks as though new supply from projects ... will go into a market that has grown significantly by the time they produce it''.
On the subject of Cobalt, Alastair says he's been chatting to Julian Treger at Anglo Pacific Group plc (LON:APF) who he says is very positive about the energy metals.
''He made the point to me that while mining is one of the oldest industries in the world it's uniquely positioned to meet all of the new technologies that come along''.
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