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How AI is forecasting price fluctuations for raw materials and rare earth commodities

Resilinc

China dominates global supply chains for cobalt—as well as lithium, nickel, and other critical minerals. and other democratic countries, but it’s a growing security concern for leaders from both parties, as highlighted in the Biden Administration June 2021 supply chain report. And prices did indeed retreat.”.

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Shining a Light on the EV Supply Chain: A Poor Environmental and Human Rights Record

NC State SCRC

However, the general public typically doesn’t understand how supply chains work, and many don’t even know how their box of cereal ends up on their grocery store shelf. Cobalt: The Democratic Republic of Congo has 46% of global cobalt reserves and produces 70% of the world’s output. And how will we mine them?

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Updated IT Subway Map: Major acquisitions in SC software

Supply Chain Movement

The supply chain software industry is in a considerable state of flux. furthermore, because the continuing growth in outsourcing is making global businesses ever-more susceptible to disruptions, supply chain risk management software is also on the rise. Congo, The Democratic Republic of The.

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Copper in flux

Resilinc

Less than four months ago, copper was setting record prices and experts were forecasting long-term supply gaps due to a collision between the growing demand for copper in clean-power technologies and the cost and difficulties of developing new mines. It’s just an impossibly tight future.”. dependent on foreign sources.

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

NC State SCRC

But nobody is talking about the supply chain for these vehicles, and the capacity required to build them. Converting an entire supply base of automotive suppliers, who are all focused on building of combustion engine-powered vehicles, and moving them all to electric vehicles, will be a superhuman feat.

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Ethical sourcing risks pose challenge to electric vehicle market

Resilinc

As covered in last week’s blog , China’s dominance of supply chains for cobalt—an essential component in lithium-ion battery chemistries—is a growing geopolitical concern for leaders from both parties. The post Ethical sourcing risks pose challenge to electric vehicle market appeared first on Resilinc.

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An update on copper

Resilinc

According to the IEA report, clean energy technologies such as solar PV, wind turbines, and electric vehicles require far more minerals than conventional fossil fuel energy technologies. “A Mining Technology’s Zachary Skidmore lists a broader set of solutions to “alleviate the pressure on the [copper] supply chain.”