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Interest in cobalt has increased in recent years due to its use in the lithium-ion batteries used to power electric cars. The Democratic Republic of Congo (DRC) is the world’s largest producer of cobalt by far, with its output reaching 95,000 tonnes last year almost 60 percent of global supply. For investors who want to learn more about the sector, here’s an overview of the world’s largest cobalt mines, according to the most recent data from S&P Global Market Intelligence. Our FREE Cobalt Outlook Report Provides All The Exclusive Information You Need Such As Past Performance, Top Cobalt Stocks, Trends and More! ....
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. ....
Chris Berry of House Mountain Partners spoke to INN about the battery metals space, building out supply chains in North America and more. Battery metals prices are rising as demand from the electric vehicle (EV) sector gathers pace. The last high price environment was seen back in 2017 and 2018, and prices for key metals such as lithium and cobalt stayed low for a few years after that. Some of the trends that were in process back then have only gotten stronger, Chris Berry of House Mountain Partners told the Investing News Network. Our FREE Cobalt Outlook Report Provides All The Exclusive Information You Need Such As Past Performance, Top Cobalt Stocks, Trends and More! ....