White gold and conventional gold

Technical innovations are changing the demand for raw materials.

In addition to the electrification of vehicles, work is also being done on the electrification of aircraft and ships. With higher energy densities, more areas of application can be covered. For example, in addition to increasing safety, research is also focusing on increasing the density of lithium-ion batteries. For example, a new battery technology outside of e-vehicles was recently unveiled at the Shanghai auto show. It should be able to be used in passenger cars and also in aircraft and ships. For the batteries of e-vehicles and portable devices, lithium is a necessary component in lithium-ion batteries.

Thus, this raw material is also in an enormous triumphal procession, lithium is in great demand, is also called the white gold. Various companies are working on lithium, but Targa Exploration seems to be particularly promising. In Quebec, the company has acquired three lithium projects in addition to the existing ones.

In addition, Targa Explorationhttps://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ – owns a gold-silver project in the Yukon region, which is currently scoring with encouraging assay results.

Electrification also includes raw materials such as copper, zinc or silver. The unanimous opinion is that copper demand in particular should rise sharply. Since lithium is expensive, researchers are working on water-based zinc batteries, for example. However, lithium-ion batteries are still the ultimate.

One company that owns projects in Chile with copper, silver, zinc and lead, in addition to gold in projects in Guinea and Burkina Faso, is Golden Rim Resourceshttps://www.commodity-tv.com/ondemand/companies/profil/golden-rim-resources-ltd/ -. The Kada gold project in Guinea contains a 930,000-ounce resource with plans to expand. Diamond drilling is underway.

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Bildquelle: Stock.adobe.com

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