Increasing Demand for Electric Vehicles Fueling Significant Growth in Battery Mineral Industry
The impressive increase of electric vehicles (EV) is creating a significant increase in demand for battery minerals, a demand that is fueling growth for resource-development companies, especially for those with operations in Indonesia, one of the world’s top producers of battery minerals. Bolt Metals Corporation (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) (BOLT Profile), one of the companies working in Indonesia, recently announced a name change as it evolves into a resource developer in this growing market. Several leading auto makers are contributing to the surging EV market as they focus on manufacturing quality electric vehicles. For the third year in…