EU Climate Policy - Battery Materials Supply Regulations Leaked?

Published 11-DEC-2020 10:00 A.M.

|

1 minute read

European Union leaders gathered last night to announce sweeping new climate action policies for the next decade.

Climate Strategy was presented and specific policy changes are expected to be announced over the coming days.

Last night we were watching for news about new EU regulations that could have huge implications for our two ethical and sustainability focused investments in the European battery metals space:

ASX:VUL

and

ASX:EMN

Here is what we learned last night.

We also learned that a press conference to announce the changes specific to the Battery Metals supply sector is scheduled for 2:30PM in Brussels (12:30AM AEDT / 9:30PM AWST) - about 14 hours from now.

This is where we hope to hear new policies that could have a significant impact on our investments in VUL and EMN.

Here is what we are looking out for in new EU policies:

  • Any new regulations around responsible sourcing of battery metals;
  • New rules to force EV battery supply chains to be carbon neutral;
  • New initiatives to accelerate and localise the EV industry in the EU.

The press conference is scheduled for just after midnight tonight and you can watch it here.

INFORMATION LEAKED

The European Environmental Bureau (EEB) website claims to have seen leaked documents of the new battery policy expected to be announced tonight.

We can’t vouch for the accuracy of this info and are going to wait for the press conference and official statement from the EU tonight - but are very encouraged by the comments if they are true.

The following statement is from the EEB website:

Next Investors



General Information Only

S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

Conflicts of Interest Notice

S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.

Publication Notice and Disclaimer

The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.

Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.

This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.

 

Get Expert Stock
Analysis and Opinions

Join thousands of other Investors following our stock commentary for Free

X