Miners place big bets on copper to cash in on electric car boom

Original article by Nick Evans
The Australian – Page: 17 & 28 : 16-Apr-19

Morgan Stanley has forecast that over 10 million electric vehicles will be sold each year by 2025, up from 600,000 in 2015. The rise in demand for electric cars has been tipped to lead to a corresponding increase in demand for copper, with electric vehicles needing around four times as much copper as an average-sized petrol-driven car. Rio Tinto is making copper a key focus of its future plans, having forecast a copper shortfall of eight million tonnes by 2020.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, RIO TINTO LIMITED – ASX RIO, BHP GROUP LIMITED – ASX BHP, OZ MINERALS LIMITED – ASX OZL, WESFARMERS LIMITED – ASX WES, AUSTRALIAN LABOR PARTY

Kidman powers up with Tesla lithium deal

Original article by Paul Garvey
The Australian – Page: 19 & 30 : 18-May-18

Kidman Resources has advised that it has secured electric car maker Tesla as a foundation client for its proposed lithium hydroxide processing plant in Western Australia. Growing interest in electric cars has created strong demand for commodities like lithium and cobalt that are used in their batteries. Kidman has indicated that its initial deal with Tesla will run for three years, with the option for two three-year extensions.

CORPORATES
KIDMAN RESOURCES LIMITED – ASX KDR, TESLA INCORPORATED, SOCIEDAD QUIMICA Y MINERA SA, PILBARA MINERALS LIMITED – ASX PLS, GREAT WALL AUTOMOBILE HOLDINGS, BMW AG, VOLKSWAGEN AG, MERCEDES-BENZ AG

Dakota chief tips Tesla’s end within 10 years

Original article by Tess Ingram
The Australian Financial Review – Page: 19 : 8-Sep-16

Dakota Minerals has bought a tenement package in Portugal in anticipation of a rise in demand for lithium in Europe. David Frances, the CEO of the Australian-listed lithium explorer, expects strong demand for lithium from European manufacturers of electric cars. In contrast, Frances is sceptical about the popularity of electric cars in the US, where buyers are likely to show limited interest in such cars.

CORPORATES
DAKOTA MINERALS LIMITED – ASX DKO, TESLA MOTORS INCORPORATED, MERCEDES-BENZ AG, VOLKSWAGEN AG, BENCHMARK MINERAL INTELLIGENCE