Remove 2006 Remove 2030 Remove Procurement Remove Sourcing
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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

Lack of standardised sustainability reporting makes it difficult to compare sustainability performance between source mines, set sustainability targets and reward best practice. In other words you cannot physically differentiate a sustainably sourced REE from a non-sustainably sourced REE without the use of tagging.

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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. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. 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. However, as standards for sourcing become more strict, these big players may lose business if they fail to provide visibility into their supply chains. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. Demand Intensifies. Conclusion.