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The complexities of the global cobalt market

In a recent Q&A hosted by BMI Research regarding cobalt the issue of lowering batteries costs will be key to expanding their role as a power source.
environmental

Will the booming demand for cobalt be short-lived?

The price of battery metal cobalt has escalated significantly in the last few years – driven largely by the demand for more metal to feed the growing electric vehicle market. This may be short-lived however after Tesla’s Elon Musk stated his intention to move away from using cobalt all together, writes Laura Cornish.

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