Carmakers expected to start buying mines

A KEY theme from this week’s 121 Mining Investment Cape Town event was that carmakers are likely going to have to own part or all of mining operations in order to guarantee raw material supply.

Carmakers expected to start buying mines Carmakers expected to start buying mines Carmakers expected to start buying mines Carmakers expected to start buying mines Carmakers expected to start buying mines

Paul Quirk, partner of private equity firm Lionhead Resources, said Volkswagen was desperate for cobalt.