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Roskill: Cobalt demand to grow steadily over the next decade

Green Car Congress

Since the commercialization of Li-ion batteries in early 1990s, it has been consumer electronics that has underpinned cobalt demand. 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.

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A closer look at graphite—its forms, functions and future in EV batteries

Charged EVs

Because most of the vehicle cost is in the battery, as we all know, so it depends if it’s a high-end vehicle versus a more moderately priced vehicle—that will affect battery chemistry and other components as well. They’re looking at every parameter and trying to optimize the performance that they’re after, and quite frankly, the cost.

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