Maryland town hopes to restore historic blacksmith shop
MARY GRACE KELLER, The Frederick News-Post
May 8, 2021
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1of9Barbara Fromer, who has owned the property since 1984, left and Jean LaPadula, Main Street coordinator and grant manager, pull a tarp off the original blacksmiths fire box and forge in a historic blacksmith shop in New Market, Md., building. on April 29, 2021. The shop that appeared destined for demolition may be saved and renewed as a tourist attraction after town leaders and the property’s owner dug into details of the structure’s past. (Bill Green/The Frederick News-Post via AP)Bill Green/APShow MoreShow Less
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Electric vehicle demand prospects drive cobalt to near $50,000 a tonne
February 22, 2021
The metal is the best performer this year, gaining over 55 per cent
Cobalt, a key element in lithium-ion batteries, has turned out to be the best performing commodity this year with its prices increasing by over 55 per cent since January 1.
Cobalt prices are ruling near $50,000 (₹36.23 lakh) a tonne on the London Metal Exchange (LME) currently.
Cobalt has gained on rapid growth in rechargeable lithium-ion batteries and energy storage on the back of strong global demand for electric vehicles (EV), mainly in Europe which has targeted to have 30 million zero carbon emission EVs by 2030.