Extraction of raw materials will not meet soaring battery demand unless capital markets change course in the face of environmental, social and governance pressures and invest heavily in new mines, says business data and analytics company GlobalData in its ‘Batteries – Thematic Research’ report. The battery industry is set to be one of the most significant over the next ten years and GlobalData forecasts that revenues will exceed $168-billion by 2030, up from $55-billion in 2020.