With technology changing so fast, new raw materials are taking centre stage every day, making it more and more difficult to predict which metals will hold or lose their value in the next 50 years. Recent innovations are making electric cars powered by renewable energy mainstream, fuelling development of novel and more efficient battery technologies. All of these technological developments depend on resources such as nickel, copper, and cobalt. Technological trends coupled with geopolitical stability contribute to supply and demand which in turn dictate metal prices.
We wanted to travel back in time to try to understand how some metals have held their value over the last 50 years, while others have far outpaced inflation. What will the next 50 years hold for these metals as natural resources are further depleted and recycling becomes even more critical to world supply?
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