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

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. Get in touch here. Introduction. The demand for Rare Earth Elements (REEs) is increasing.

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

The UCLA Anderson Global Supply Chain Blog

1] Electric vehicle driven demand for lithium-ion battery raw materials such as cobalt and copper is expected to increase 10x by 2026. [2]. Image source: “Electric Vehicle Outlook 2018 | Bloomberg New Energy Finance.” 3] The search for more raw materials has led suppliers to source irresponsibly from unstable emerging markets.