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Cadence Minerals

Europe joins the global scramble for critical minerals

Europe has belatedly woken up to the fact it has a metals problem.

The region’s production capacity, particularly at the refining and processing stage of the supply chain, has been hollowed out by years of price attrition from lower-cost competitors, first and foremost China.

Lithium might look like a belated addition to the list, given its central role in batteries for electric vehicles, one of the pillars of Europe’s “Green Deal” carbon-reduction strategy.

But the metal is already a core focus for the “European Battery Alliance”, an EU private-public initiative that has been running since 2017.

Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.