The importance of metals in the energy transition cannot be overstated, with key metals playing crucial roles in powering the shift towards low-carbon sources of energy. Copper, nickel, aluminium, silver, and tin are among the top metals driving this transition, each with unique properties that make them indispensable in clean technology.
Copper, known for its excellent conductivity, is essential for electrification and is expected to see a surge in demand driven by electric vehicles, renewable energy, and energy storage systems. Nickel, crucial for batteries in EVs and nuclear power, is also set to experience significant growth in demand. Aluminium, with its lightweight and corrosion-resistant properties, is widely used in various aspects of the energy transition, from solar power frames to batteries and high-voltage cables.
Silver, a key player in solar panels and EVs, is prized for its conductivity and corrosion resistance, while tin, vital for creating electrical connections, is often referred to as the “glue” holding the energy transition together. These metals are anticipated to play increasingly important roles as the world accelerates its decarbonisation efforts.
Investors looking to capitalize on the energy transition megatrend can consider a basket approach to gain exposure to these critical metals. As the demand for clean technologies continues to rise, the market for these metals is expected to expand, presenting investment opportunities in the evolving landscape of sustainable energy. Stay tuned for part two, where we will delve into the next five key metals driving the energy transition.
