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The 'staggering' numbers needed for metal production to meet coming EV demand

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(Kitco News) - The 'staggering' numbers needed for metal production to meet coming EV demand

To meet anticipated battery material demand, Sean Thijsse at Pallinghurst Group has seen multiples as high as 20-times current demand for graphite, nickel and cobalt; and lithium with multiples as high as 40-times current demand.

Thijsse is Group Head of Corporate Finance at Pallinghurst Group. He spoke to Kitco on Monday. Pallinghurst Group invests in metals and mining with a focus on battery materials.

"When you compare that to today's production, that is pretty staggering and shows unprecedented demand," said Thijsse.

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