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Roskill: graphite prices could push higher on tightening markets for batteries & electrodes

Green Car Congress

Roskill forecasts that global sales of EVs and hybrid vehicles will increase rapidly in the coming years and could account for 69% of all motor vehicle sales by 2027. Just 6% of China’s steel is currently produced in EAF, far below the global average of 25%. Chinese exports of scrap steel increased from around 1,000 t in 2016 to 2.2

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Roskill: Cobalt demand to grow steadily over the next decade

Green Car Congress

Underpinned by the huge demand for cobalt feedstocks from the battery sector versus relatively tight supply, the cobalt metal price climbed from below US$15/lb in 2016 to a ten-year high of US$43/lb in Q2 2018. Consequently, prices started to retreat from mid-2018 and fell to a three-year low of $13/lb in July 2019.