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Most cobalt producers loss-making after 2023 price slump

Most cobalt producers are likely to be losing money on every ton of cobalt they produce after a price slump last year, Benedikt Sobotka, chief executive at metals miner Eurasian Resources Group (ERG), said on Tuesday. Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia despite the price drop, as they strive to gain market share in the metal used in electric vehicle (EV) batteries. ERG, 40% owned by the Kazakh government, has assets in Kazakhstan, the Democratic Republic of Congo and Brazil producing cobalt, copper, aluminium and ferroalloys.

Rising green metal demand sparks need for ethical supply – Players in the Cobalt space to watch

Cobalt is used for everything from batteries and magnets to catalysts and superalloys. Its function in electric vehicle manufacture is not only critical for.

Cobalt remains a key raw material for electric vehicle batteries in an evolving supply chain

Global Cobalt Industry Report 2023-2028: Asia Leads Cobalt Consumption, Driven by EV and Electronics Boom – Padovanews

Global Cobalt Industry Report 2023-2028: Asia Leads Cobalt Consumption, Driven by EV and Electronics Boom – Padovanews
padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.

Global Cobalt Industry Report 2023-2028: Asia Leads Cobalt Consumption, Driven by EV and Electronics Boom

Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) The "Global Cobalt Market: Analysis By Form (Chemical and Metal), By Mined Supply, By Refined Supply, By Type (Primary and Secondary), By Demand, By Application (Batteries and Non-Batteries), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.The global cobalt market was valued at US$9.48 billion in 2022. The market value is expected to reach US$17.68 billion by 2028. The

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