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The reality of green energy: “green metal” supply chains won’t be able to keep up

NC State SCRC

GM has committed to 30 new electric vehicles by 2025. of the lithium reserves and a quarter of its copper deposit, much in the Atacama desert – see picture of the flats above); Third, the Congo which has 46% of global cobalt reserves and produces 70% of the world’s output.

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Transport Expert Nicolas Meilhan’s Perspective on the EcoVadis 2019 Index Results

EcoVadis

In addition, the development of electric cars equipped with high-capacity batteries (50 kWh) could compromise the availability of certain rare materials, such as cobalt, by 2025.

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How EV Manufacturers Can Navigate Supply Chain Complexity

Arena Solutions

Electric vehicles (EVs) are projected to account for 30% of all vehicle sales by 2025 1. The mining of these metals is concentrated in China, South Africa, Indonesia, and the Democratic Republic of Congo (DRC). Driving Into 2025: The Future of Electric Vehicles. Share your thoughts with us on social. References.

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4 Crucial Commodities to Watch in 2023

Resilinc

Due to electric vehicle (EV) production, demand for cobalt is expected to increase 293% by 2025. Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Now, the leading use of cobalt is rechargeable battery electrodes. Companies are also looking to make a change.

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The (Potential) Value of Labeling in the Lithium Ion Battery Supply Chain

The UCLA Anderson Global Supply Chain Blog

Correspondingly, demand for lithium-ion batteries has also increased and is expected to continue increasing – the lithium-ion battery market is thought to have a CAGR of 14%, with the transport sector accounting for 60% of the market by 2025. [1] 2018, www.cbsnews.com/news/the-toll-of-the-cobalt-mining-industry-congo/. [5]

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

Elementum

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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An update on copper

Resilinc

Supply gaps might emerge after 2025 … with the expected rise in demand created by the energy transition.”. Minerals and metals will still be mined, but in countries with far fewer environmental protections such as Indonesia, the Democratic Republic of Congo, and China,” wrote the WSJ editorial board.