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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

The clean energy technology sector achieved considerable growth with China’s low REE prices and advances in manufacturing technology , growth that some associated with low environmental and social sustainability standards. These credits can then be purchased directly by manufacturers. The role of blockchain.

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Questions about how the auto-manufacturing giant would meet production goals arose soon after. Ten years later, that number has more than doubled. Demand Intensifies. Conclusion.

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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Questions about how the auto-manufacturing giant would meet production goals arose soon after. Ten years later, that number has more than doubled. Demand Intensifies. Conclusion.