Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.
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The boss of one emerging manganese producer says battery metals are currently on the nose with investors because they jumped the gun over the whole electric vehicle thematic.
Despite this, rapidly growing demand is very real.
“There was a huge enthusiasm for battery raw materials well in advance of the emergence of the real demand for these products,” Euro Manganese CEO Marco Romero told Stockhead.
“I think there was an excessive exuberance … followed by a disappointment.
“There probably will be other rushes, other ups and downs in the market over time, but there is no doubt that the fundamental demand for these products is on the increase and will be so for the foreseeable future.”
The proof is in the billions of dollars being spent by major carmakers, according to Mr Romero.
