The Investing News Network looks at the geological landscape for cobalt in Europe, the region’s refining capabilities and what’s ahead.
As interest in electric vehicles (EVs) continues to pick up pace around the world, the question of supply for key raw materials such as cobalt remains.
Like other regions, Europe is taking steps to build its own EV supply chain — or take as much control of it as it can. From producing actual EVs to getting battery megafactories up and running, the region is pushing forward with its green agenda.
Here the Investing News Network (INN) looks at the geological landscape for cobalt in Europe, its refining capabilities and the next steps for the area in terms of the critical metal.