LONDON, March 7 (Reuters) - Soaring supplies of battery material cobalt from the Democratic Republic of Congo will swamp the market creating a surplus and putting prices under more pressure this year ...
Cobalt is essential for powering our modern technology. The metal is commonly used to make lithium-ion batteries, which are found in items such as electric vehicles, computers, smartphones, and even e ...
Electric vehicles (EVs) are a major cornerstone of clean energy. The modern economy is dependent on smartphones. Every smartphone, EV and other rechargeable battery requires the scarce resource of ...
Last year the federal government cracked down on solar imports because of alleged human rights abuses. Why isn’t the Biden administration doing the same with mining for electric vehicle batteries? The ...
China’s lifting of EV subsidies this year has had a chilling effect on lithium markets Supply constraints in the Democratic Republic of Congo – a major producer of Cobalt – are presenting short-term ...
The cobalt price index fell below $26,000 per tonne as of April 2023, its lowest level since 2019. Indeed, while cobalt demand remains largely steady, there has been a significant increase in supply.
Hedge funds, including Anchorage Capital Advisors and Squarepoint Capital LLP, are quietly purchasing physical cobalt amid seven-year price lows. Cobalt's critical role in the energy transition and ...
Cobalt is one of the world's most important natural resources. The Democratic Republic of Congo is estimated to possess 70% of the global supply of cobalt. But terrible working conditions have ...
Microsoft will launch its custom Cobalt 100 chips to customers as a public preview at its Build conference next week, TechCrunch has learned. In an analyst briefing ahead of Build, Scott Guthrie, ...
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