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BAR - Copper Deficit Predictions Grow And Central Banks Keep Stocking Gold
GraniteShares Gold Trust Shares of Beneficial Interest
The world is on a path to vast shortages in copper, nickel, lithium and other important minerals that are necessary to build the batteries in electric vehicles. So says Tesla’s ([[TSLA]]) global supply manager, according to Reuters.
The comment comes as the electric car maker broke ground in Shanghai for its first overseas “Gigafactory.” Tesla’s first battery factory, in Reno, Nevada - the largest in the world - is still in expansion mode and aims to produce as many as 105 gigawatt hours (GWh) of battery cells and 150 GWh of battery packs by