https://www.newscientist.com/article/2234567-can-we-quit-cobalt-batteries-fast-enough-to-make-electric-cars-viable/
"For short-range cars made and sold in China, Reuters says Tesla will instead use lithium-iron-phosphate batteries, which are much cheaper and don’t have the same environmental problems as those needing cobalt. The disadvantage is that these batteries tend to have a lower energy density, reducing how far a car can drive without needing to charge.Industry analysts such as Simon Moores at Benchmark Mineral Intelligence in London have suggested that the move is unlikely to be replicated outside China, saying it is driven more by a desire to reduce production costs in China than to phase out cobalt.
"The mineral is used in the lithium-ion batteries that power electric cars, and demand is steadily rising. A new analysis by Elsa Olivetti at the Massachusetts Institute of Technology and her colleagues has found there may be cobalt shortages if we don’t start refining and recycling it more efficiently or in greater quantities.They estimate that global demand for cobalt will rise to between 235,000 and 430,000 tonnes by 2030 – an amount that is at least 1.6 times the world’s current capacity to refine the metal, as of 2016 figures."
- Forums
- ASX - By Stock
- JRV
- Cobalt price spike
Cobalt price spike, page-7
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JRV (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
0.004(21.1%) |
Mkt cap ! $62.16M |
Open | High | Low | Value | Volume |
2.1¢ | 2.6¢ | 2.1¢ | $913.1K | 39.80M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 3102668 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 1165001 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2102668 | 0.021 |
7 | 1365000 | 0.020 |
5 | 305525 | 0.019 |
2 | 111110 | 0.018 |
7 | 1500335 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 783760 | 2 |
0.024 | 1383332 | 6 |
0.025 | 884721 | 6 |
0.026 | 2232789 | 6 |
0.027 | 961111 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
JRV (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online