African Energy Metals is one of the only juniors conducting Canadian-style exploration and development in the Democratic Republic of Congo which produces over 70% of the worlds annual supply of cobalt, contains the world’s largest lithium deposit and has one of the world’s largest and richest copper mine.
The move to electrification and other clean energy solutions rely on energy metals. The exploding electrical vehicle market alone is projected to have 100 million EV’S by 2030 requiring a 400% increase in annual cobalt production as well as copper and lithium.
While E-Transport is a key driver of demand for energy metals, energy storage system annual growth alone is projected to be 60% through 2030.
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