Shortages flagged for EV materials lithium and cobalt msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Shortages flagged for critical EV materials lithium and cobalt mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
Europe continues to make moves to take greater control over its raw material supply chains to meet an expected surge in demand.
Even though COVID-19 has brought challenges to every market, the pandemic’s impact on the global economy has also accelerated the push toward green energy, with Europe taking steps to secure a leading place as it plans its recovery.
The region has stepped up its efforts to become climate neutral by 2050, with the EU developing policies to achieve this goal a goal that will require significant mining and processing of critical raw materials.
At a global scale, a recent World Bank report estimates that the production of minerals such as graphite, lithium and cobalt could increase by nearly 500 percent by 2050 to meet the growing demand for clean energy technologies.
China s Demand for Cobalt Sends Prices Up - Sputnik International sputniknews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sputniknews.com Daily Mail and Mail on Sunday newspapers.