Electric vehicles and the energy transition more broadly depend on a host of raw materials beyond the commonly known metals like lithium and copper. Rare earths – a group of 17 metallic elements – are key for EVs, and BMO Capital Markets said miner MP Materials should be on investors’ radars given the company’s focus … Read more
Here are Wednesday’s biggest calls on Wall Street: Goldman Sachs lowers price target on Tesla to $ 1,000 from $ 1,200 Goldman lowered its price target on the automaker to $ 1,000 per share from $ 1,200, but kept its buy rating to “better reject additional supply chain constraints in the near-term, and weaker demand … Read more
Shares of metals and mining companies are surging following Russia’s war in Ukraine, which is prompting supply shortage fears.
Mineral inputs need to rise sixfold in the next two decades to fuel the move to green energy. This is what investors need to know.