"Prices for cobalt, which helps conduct electricity and is comparatively light, have more than doubled this year. Glencore Plc, the largest producer of the metal, said this week that it will be in such short supply, auto manufacturers will have to come up with alternative sources. "
"The boom in electric cars could more than quadruple demand for cobalt to in excess of 450,000 tons by 2030 from less than 100,000 tons last year, according to Bloomberg New Energy Finance."
https://www.bloomberg.com/news/arti...ump-in-its-need-for-battery-materials-by-2025
Cobalt Demand Links/Discussion, page-3
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