Optimistic forecasts for the rapid uptake of electric vehicles (EVs) up to 2030 do not sufficiently take into account the ability of miners to respond to the increase in demand for minerals required to produce these vehicles, Sibanye-Stillwater CEO Neal Froneman says.

The diversified miner hosted a battery mineral investor day on Tuesday at which Froneman said the penetration rate of EVs, as proposed by certain analysts, was “highly overstated”...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.