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Cobalt thrifting in EV's won't dent price soon., page-5

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bluesamurai

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08/06/18

11:17

Post #: 33590800
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Originally posted by Guerilla ↑

Tesla leads electric vehicle race to cut cobalt dependency - Reuters

https://www.reuters.com/article/cob...cut-cobalt-dependency-andy-home-idUSL5N1T83GS

Some extracts:

'The problem for other automakers is that the EV revolution is now travelling faster than their collective ability to engineer out cobalt in a battery revolution.

Cobalt usage by the sector, even allowing for an accelerated roll-out of 8:1:1 [nickel-manganese-cobalt] chemistry, will increase to 180,000 tonnes in 2026, or just under double last year’s global production, according to Benchmark Minerals.'

DYOR

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Supply & demand, economies of scale. Cobalt supply will be crucial for a long time IMO.
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