Wood Mackenzie states that the cobalt market would have to double and 800 kt LCE of additional lithium would be needed by 2025 to limit global warming by 2.5 degrees.
General Motors and electric truck startup Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla.
The market analyst believes that adding lithium, titanium, bauxite and strontium to its list of critical materials brings the EU one step closer to its goal.