Green Car Congress

FEBRUARY 20, 2020

Roughly 60% of mined cobalt is sourced from the Democratic Republic of Congo (DRC). The element is often recovered as a byproduct from mining copper and nickel, meaning that demand and pricing for those other metals affects the availability of cobalt. They found that cobalt demand is estimated to range from 235 to 430 ktonnes in 2030.

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Green Car Congress

MAY 18, 2022

The Cobalt Institute’s Cobalt Market Report 2021 , prepared by CRU, confirms the role of cobalt as one the key commodities of the green future, due to the rapid growth of the lithium-ion battery market and a strong global uptake of electric vehicles. Due to relative market weakness, European prices averaged $2.5

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Baua Electric

JANUARY 10, 2024

Lithium — the ultra-light metal used in electric-vehicle batteries — has plunged more than 80% from a late-2022 record, as the market whiplashed from shortage fears to a mountain of surplus inventories. Battery metals have been a bright spot for the mining industry in recent years. Chemaf Resources Ltd.

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Green Car Congress

MAY 22, 2021

Glencore, one of the world’s leading producers of cobalt, produces cobalt mainly as a by-product of copper mining in the Democratic Republic of Congo (DRC), but also as a by-product of nickel mining in Australia and Canada. The plan to shutter the operation was taken in August 2019 following an extended period of low prices.

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Green Car Congress

NOVEMBER 25, 2018

The coming electric vehicle boom will significantly increase the demand for cobalt in the EU and globally. Cobalt is necessary for the production of the most common types of lithium-ion batteries used in electric vehicles. The global supply chain of cobalt is fragile due to extreme concentration.

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Green Car Congress

APRIL 2, 2021

for the supply of spodumene concentrate (SC6) from the Manono Lithium and Tin Project in the Democratic Republic of Congo (DRC). Australia-based AVZ Minerals Limited has secured a strategic, long-term offtake partner agreement with Yibin Tianyi Lithium Industry Co.,

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Green Car Congress

APRIL 1, 2023

Jervois Global Limited will suspend final construction and full concentrator commissioning at its 100%-owned Idaho Cobalt Operations mine (ICO) in Idaho ( earlier post ) due to continuing low cobalt prices and US inflationary impacts on construction costs.

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Cars That Think

SEPTEMBER 13, 2021

Reeling from a crushing shortage of semiconductor chips for vehicles, carmakers also face another looming crisis: producing enough batteries to drive the global pivot towards electric vehicles. The Democratic Republic of Congo produces 70 percent of the world's cobalt, and most of the world's nickel sits under Indonesian rainforests.

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Green Car Congress

FEBRUARY 7, 2019

According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead. Roughly 62 percent global cobalt output is found in the Democratic Republic of Congo. Demand “should return to outright declines as the price effect wears off and efficiency takes over,” BofAML wrote.

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Charged EVs

AUGUST 16, 2022

They simply can’t ramp up production quickly enough, and this is not only because of the time and investment it takes to build new factories and repurpose production lines—the companies are also dealing with frustrating shortages of batteries and other components. Farewell to falling prices.

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Cars That Think

APRIL 25, 2022

But they’re up against the challenge of our global-warming time: dauntingly tight supplies of both batteries and the ethically sourced raw materials required to make them. That’s despite the dispiriting history of the first (and only) EV to use a high-manganese battery, the original Nissan Leaf , beginning in 2011.

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Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. These vehicles use large traction battery packs to power the motor.

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Drive Electric

AUGUST 9, 2022

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. These vehicles use large traction battery packs to power the motor.

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Green Car Congress

NOVEMBER 13, 2022

China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.

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Cars That Think

AUGUST 20, 2022

Scientists and engineers have extended the range of EVs by cramming ever more energy into their batteries, and vehicle charging networks have expanded in many countries. For EVs, much of the environmental burden centers on the production of batteries, the most energy- and resource-intensive component of the vehicle. AFP/Getty Images.

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