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Korean consortium forming JV with Bolivian miner Comibol for lithium production in Salar de Uyuni

Green Car Congress

KORES ) and steelmaker POSCO has entered an agreement with Bolivia’s state-run miner Comibol (Corporación Minera de Bolivia) to set up a joint venture to produce lithium intended for lithium-ion batteries. Prices reached $4,752 per ton as of 28 July, up $200 compared with last month and almost 100% from 2003, government data show.

Bolivia 199
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Study finds cobalt supply can meet demand for EVs and electronics batteries through 2030

Green Car Congress

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.

Supplies 349
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Could Sucking Up the Seafloor Solve Battery Shortage?

Cars That Think

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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