QAD
MAY 18, 2023
The automotive industry is undergoing a massive technological transformation toward vehicle electrification and the shift presents huge opportunities for manufacturers that do business in the US, especially since the passage of the Inflation Reduction Act in August 2022. What’s in the Inflation Reduction Act’s New Clean Vehicle Credit?
Elementum
MARCH 27, 2018
The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons.
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Resilinc
MAY 16, 2023
Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Department of Energy), global demand for lithium-ion batteries is expected to increase more than 5X by 2030. We recommend a 24/7 news monitoring platform that reads hundreds of news sources—so you don’t have to.
Elementum
MARCH 27, 2018
The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons.
NC State SCRC
APRIL 22, 2022
What will happen to those manufacturers that can’t or won’t convert? The IEA predicts about a seven fold increase of such “green metals” by 2030. Copper and nickel would require $250-300bn in capex before 2030. So by extension, this will make the logistics of taking cobalt out of the Congo difficult.
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