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

NC State SCRC

The IEA predicts about a seven fold increase of such “green metals” by 2030. 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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Ethical sourcing risks pose challenge to electric vehicle market

Resilinc

The Democratic Republic of Congo (DRC), which supplies most of China’s and the world’s cobalt raw materials, is also the focus of intense scrutiny over child labor in cobalt mining, according to the Wilson Center. The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.

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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. Department of Energy), global demand for lithium-ion batteries is expected to increase more than 5X by 2030. We recommend a 24/7 news monitoring platform that reads hundreds of news sources—so you don’t have to.

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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. Conclusion.

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

The UCLA Anderson Global Supply Chain Blog

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. Image source: ResearchGate. Image source: ResearchGate. Bloomberg NEF, 2018, about.bnef.com/electric-vehicle-outlook/#toc-download.

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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. Conclusion.

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How the Inflation Reduction Act’s EV Tax Credit Will Reshape Supply Chains

QAD

Those sourcing requirements are scheduled to increase by 10% every year beginning in 2023. The Inflation Reduction Act aims to ensure critical minerals are sourced ethically and sustainably, as well as in a manner that helps stimulate US manufacturing growth. The global automotive industry plans to invest $1.2