Proactive - Interviews for investors

Battery metals 2025 outlook: demand remains strong despite 2024 challenges

Episode Summary

Proactive’s Tylah Tully unpacks the outlook for key commodities, focusing on battery metals and related critical minerals. Despite challenges in 2024, demand for materials like lithium, cobalt, copper, graphite, vanadium and nickel remains strong due to ongoing global decarbonisation and transport electrification. While lithium and nickel saw price corrections and slower EV sales impacted mining activities, long-term projections indicate sustained demand for these essential metals. Sovereign Metals Ltd continues advancing the Kasiya Project in Malawi, which holds the world’s largest known natural rutile deposit and the second-largest flake graphite deposit. Kasiya integrates sustainable mining with conservation farming through its Pilot Mining and Land Rehabilitation Program. Sovereign aims to address the global demand for rutile and graphite while fostering community partnerships. Surefire Resources NL is developing the Victory Bore Iron-Vanadium-Titanium Project in Western Australia. Recent beneficiation of 700 kilograms of ore produced high-grade magnetite concentrate, which will undergo evaluation for downstream processing into vanadium pentoxide, ferrovanadium and other products. The project marks a milestone in Surefire’s commercialisation efforts. Latrobe Magnesium Ltd is tackling magnesium supply chain gaps with its $57 million demonstration plant. Using fly ash waste, LMG’s patented technology reduces CO₂ emissions by 60% and converts 100% of waste into saleable products. With global magnesium demand rising, LMG offers a sustainable alternative to China’s supply dominance. #ProactiveInvestors #SovereignMetals, #SurefireResources, #LatrobeMagnesium, #ASX, #RareEarthElements, #CriticalMinerals, #KasiyaProject, #VictoryBore, #Magnetite, #Rutile, #Graphite, #MagnesiumProduction, #SustainableMining, #Decarbonisation, #EnergyStorage, #EVBatteryMetals, #GreenTechnologies, #CircularEconomy, #MineralExploration, #MiningUpdates, #ProactiveAustralia