Only around 10% of cobalt supply currently end up in electric vehicles, but the boom in electric cars could more than quadruple demand for cobalt to in excess of 450,000 tonnes by 2030 from less than 100,000 tonnes last year, according to Bloomberg New Energy Finance.
http://www.mining.com/cobalt-price-automakers-waking-late-china-takes-control/
News/Research articles, page-386
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