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

Provenance

Illegal mining occurs in part because legal production within China is unable to meet producers’ demand. In 2006, the Roundtable on Sustainable Palm Oil (RSPO) set up a certificate trading scheme, to encourage sustainable practice within the palm oil industry. Illegal REEs get sold into the value chain in cash. 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. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. 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. It’s estimated that locating enough new sources to meet these demand spikes would take about 30 years — a long-term solution for a short-term need. Demand Intensifies. Conclusion.