"Benchmark calculates that even with the most ambitious roll-out of 811 battery technology – 40% market share by 2026 – output of battery grade cobalt would have to more than triple from last year’s production of 50,000 tonnes (out of total cobalt production of just over 100,000 tonnes)."
Key take away:
3 times production of battery grade cobalt required by 2026, even with the low cobalt chemistry 811.
What does cobalt blue plan on producing by 2022???
Full article:
http://www.mining.com/reduced-cobalt-electric-car-batteries-delayed-amid-price-fall/
"Benchmark calculates that even with the most ambitious roll-out...
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