The exponential demand growth for cobalt is placing pressure on producers to increase supplies to cover the growing supply gap as electric vehicle (EV) penetration rates in auto production rise above 50% by 2030, new analysis by Bank of America Global Research has found.
News ID: 10333 Publish Date : 2021/08/31
Mine developers scrambling to fund projects to meet forecast demand for battery metal s see the threat of looming supply crunches as a trigger for electric-vehicle makers to step in with investments.
News ID: 9482 Publish Date : 2020/05/12
Most of the world’s top companies mining for lithium, cobalt and other minerals used in the making of electric vehicles’ (EVs) batteries, solar panels and other green technologies have been linked to alleged human rights abuses since 2010, a new report claims.
News ID: 6338 Publish Date : 2019/09/05
Chilean legislators have rejected a bill allowing the expropriation of private companies involved in lithium mining in the country, which would have left the door open for the state to take over firms such as Albemarle and SQM, the world’s No. 1 and second largest producers of the battery metal .
News ID: 6294 Publish Date : 2019/09/04