Sources: copper.org, copperalliance.org, Bernstein
![]() |
Annual nickel demand……from EVs is expected to grow 20x between 2018 and 2030, to_1.3mm_tonnes – more than 60% of the current global nickel market. |
Source: nickelinstitute.org
Today’s fleet of electrical vehicles is less than 1% of total global car fleet. This number is expected to grow to 12% by 2030, requiring additional 15MT of copper.
Wind capacity is set to almost triple over the next decade from ~600 Gigawatts (GW) to 1800 GW. This will require additional 7_MT of copper by 2030.
Solar capacity is set to increase six fold over the next decade from ~500 GW to ~3000 GW. This alone will require additional 11-12 MT of copper by 2030
Sources: RENA.org. WoodMac, Mckinsey, Deloitte, IEA.org
![]() |
NickelNickel is the most important metal by mass in lithium-ion battery cathodes in EVs, expected to make up 80% of the mass in cathodes. Annual nickel demand from electric vehicles is expected to grow 20x by 2030. Where will we get all the nickel needed? |
Copper and nickel are critical material components for the next great energy transition. Both are expected to be in critical deficits by
TSXV: NOVROTCQB: NOVRF February 22, 2021 Vancouver, British Columbia: Nova Royalty Corp. (“Nova” or...
FOR IMMEDIATE RELEASE TSXV: NOVROTCQB: NOVRF February 16, 2021 Vancouver, British Columbia: Nova...
FOR IMMEDIATE RELEASE TSXV: NOVROTCQB: NOVRF February 10, 2021 Vancouver, British Columbia: Nova...
TSXV: NOVR OTCQB: NOVRF Vancouver, British Columbia. January 18, 2021 – Nova Royalty Corp. (“Nova” or the...