Cobalt demand is on the rise thanks to the increasing adoption of fully electric vehicles. According to industry experts, EV cobalt demand is expected to grow at a compound annual growth rate (CAGR) of 14%, driven by significant unit sales growth and the preference for higher energy density, longer-range nickel manganese cobalt (NMC) EVs in Western markets.
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Cobalt demand is on the rise thanks to the increasing adoption...
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