Development Of Uranium, Copper And Nickel Resources Is Critical To The Transition To Clean Energy – Sprott’s ETFs Plan To Ride The Forecasted Growth

The transition towards low-carbon, clean energy solutions is continuing to pick up pace, and with it, the demand for critical minerals is projected to continue increasing. Critical minerals are the natural resources necessary to generate, transmit and store low-carbon energy. Modern forms of clean energy, such as battery, wind, solar and nuclear all depend upon a steady supply of these critical minerals.

To meet goals for lowering carbon emissions, governments and corporations have invested a historic $1.1 trillion into the transition to renewable energy sources. However, estimates say the figure needs to triple to meet net-zero targets.

One concern with the transition is whether the supply of critical minerals will be able to keep up with the rapidly increasing demand. Copper, for example, is a critical mineral that is involved in almost every type of clean energy. One projection shows the energy transition demand for copper going from today’s demand of […]

Click here to view original web page at www.benzinga.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.