Analysts expect that in the near future, the global mineral market may experience a shortage of metals followed by a sharp increase in metal prices. The analysts explain that the shortage will be driven by the globally growing popularity of energy storage systems and electric cars as well as the increase in demand for clean sources of energy.
Estimates released by the International Energy Agency state that by 2040, the demand for lithium will have grown by more than 40 times, while that for nickel and cobalt would have increased by 20 times in the same time frame…
NOTE TO INVESTORS: The latest news and updates relating to First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) are available in the company’s newsroom at https://ibn.fm/FEMFF
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