Big Tech and Auto Battle for the World’s Cobalt Resources
Elementum
MARCH 27, 2018
In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. million metric tons (or 60% of the world’s supply). million metric tons. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Ten years later, that number has more than doubled. Where Do Companies Get Their Cobalt?
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