London’s AIM has long been home to world-class junior commodities explorers and producers. As we approach what could be a multi-year commodities super-cycle, London’s junior market is anticipated to provide a hotbed of opportunities to capture any upside in metals prices.
The main driver of any potential commodities super-cycle will likely be the pursuit of Climate Change goals and the demand associated with green technologies. These technologies include renewable power generation, power storage, and electric vehicles, to name a few.
There is a growing disparity between current levels of production and demand forecasts to the extent:
- Lithium is set for a structural supply deficit for the rest of this decade
- Copper demand for the production of EVs will hit 2.9mt within a decade
- Nickel demand for use in EVs will likely outstrip supply within five years
- Graphite is likely already in a supply deficit with demand only set to increase
In this report, Kemeny Capital highlights five AIM-listed companies exploring for, or producing, battery metals.