Jervios, a company, moving forward in mining operations and the...

Jervios, a company, moving forward in mining operations and the refining value chain also means repositioning itself in the battery chemicals market.

Several studies find that the demand for cobalt will significantly increase, due to demand for electric vehicles. Deetman et al. (2018) concluded that the demand for cobalt is expected to increase by a factor 10 to more than 20 towards 2050.
Identifying supply risks by mapping th cobalt supply chain

May 2020,

”In this study we analyzed the cobalt supply chain for the reference year 2016, in order to assess possible supply chain disruptions.”

”We conclude that the risk of supply chain disruption is high.”

”The increase in demand for cobalt leads to the question whether a major expansion of supply would lead to increasing supply risks. Supply risk can be described as the likelihood of a supply disruption. Disruptions in the supply chain can cause shortages, and subsequent rapid price increases.”

https://www.sciencedirect.com/science/article/pii/S0921344920300653
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