"While the persistence of the COVID crisis, especially in Europe, calls for careful forecasts for our business ahead, we see the rare earth market recovering very quickly," the world's largest rare earths producer outside China said.
Roskill says that cobalt production emissions are supported by increased demand from the EV sector and the dominance of nickel laterite in the supply chain.
Researchers say the production of lithium, cobalt, and graphite must expand dramatically to meet the demand enabled by high levels of electric vehicle manufacturing.