The global economy is going through a structural change: a reduction of our dependence on fossil fuels in favour of low-carbon and renewable energy sources.
This will increase demand for the metals and material vital for the generation, transmission, and storage of clean energy. These materials include:
• Rare earth metals and silver for clean energy generation.
• Copper for clean energy transmission.
• Lithium, nickel, manganese, cobalt, and graphite for clean energy storage.
To meet net-zero targets, global investment may need to accelerate to a yearly average of $4.2T from 2026 to 2030. This shift has been variously described as the "battery age" and the transition from a "carbon intensive to a metal intensive economy".
Just as 100 years ago, the introduction of the Ford Model T led to the creation of the global oil industry and companies that were among the largest in 20th century, the transition to net-zero will create new winners among the producers of materials needed for clean energy.
• John Ciampaglia, CEO at Sprott
• Steven Schoffstall, Director, ETF Product Management at Sprott
• Tom Bailey, Head of Content and Research at HANetf
Join our webinar to find out more about the case for investing in energy transition materials.