Metal demand seen surging for decades on strength of energy transition, World Bank says
Even as consumption growth for other commodities like grain probably will trail off in the next 30 years, metals will remain in high demand, the bank said.
Even as consumption growth for other commodities like grain probably will trail off in the next 30 years, metals will remain in high demand, the bank said.
In addition to ESG risks linked to its extraction, cobalt is at the top of the list because only two countries are in charge of producing and refining the battery metal.
US DOD called proposal crucial to national defense.
The overwhelming message from miners and investors is that the situation is urgent, and getting worse, writes Clyde Russell.
Africa has a generational opportunity to partake in the emerging green economy, the African Mining Indaba hears.
Mining international waters is in the spotlight as companies are looking at minerals concentrated on the ocean floor that can be used in batteries for smart phones and electric vehicles.
While the auto giant has EV metals contracts with suppliers across the globe, its goal to produce 20 million vehicles annually by 2030 will require vastly more supplies of metals.
Companies commit to investigate and develop joint investment projects at different stages of the electro-mobility industry value chain.
Redwood currently recycles lithium, cobalt, copper and aluminum from several sources, including the Nevada battery plant jointly owned and operated by Panasonic and Tesla.
Nickel’s contribution is greater than cathode and cell assembly combined, says Tesla’s new ESG report, but cobalt’s impact is minimal.