Green Car Congress
MAY 18, 2018
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%. Rising flake graphite prices spur new development outside of China.
Green Car Congress
NOVEMBER 6, 2020
Consequently, prices started to retreat from mid-2018 and fell to a three-year low of $13/lb in July 2019. The solid growth in cobalt market was, however, disrupted by the COVID-19 pandemic which has impacted the global economy and other commodity markets in an unprecedented way.
Green Car Congress
APRIL 21, 2020
As COVID-19 continues to spread worldwide, the pandemic is having an unprecedented impact on the global economy and commodity markets, including cobalt. At this time, the loss of supply from these closures amounted to more than 1% of the total mine supply in 2019. Gulley, Erin A. McCullough, Kim B. 2019.03.015.
Green Car Congress
NOVEMBER 29, 2021
The African Continental Free Trade Area (AfCFTA) is a free-trade area covering 54 African Union nations, which came into force on 30 May 2019 and effectively went operational on 1 January 2021. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.
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