Tag: Cobalt prices

Industry Focus Areas, Logistics, Motorized Vehicle, Process

Electric-Vehicle Surge Sends Cobalt Prices Soaring

January 22, 2021

Via: The Wall Street Journal

A 20% rise in the price of cobalt since the beginning of this year shows how the rush to build more electric vehicles is stressing global supply chains. Already a shortage of semiconductors is slowing the recovery in auto production. […]

Industry Focus Areas, Motorized Vehicle

Cobalt prices soar as investors see demand for lithium ion batteries

March 2, 2017

Via: Automotive News

Investors are running up the prices for cobalt, an important element that automakers and suppliers use in lithium ion batteries as they prepare for an increase in electric vehicle production. The batteries are used in both electric and hybrid vehicles. […]