Page 82 - ANC-Presentations-Full-18-10_Neat

Implications for raw materials

Battery demand will drive significant increases in demand for key raw materials

Lithium-ion battery metal

demand outlook 1

Mt
2030 vs 2021
16

Copper

14
Aluminum
Copper ▲5.5x

12
Phosphorus

10
Iron
Nickel ▲ 5.2x

8 Manganese

6 Graphite Cobalt ▲ 1.5x

Nickel
4

Cobalt
2 Lithium ▲ 5.3x

Lithium
0
2020 2022e 2024e 2026e 2028e 2030e

1. 1. Source: Bloomberg NEF
Source: Bloomberg NEF
6