February 9, 2023
Via: Tech TimesMitsubishi Materials, a Japanese metals company, will embark on the commercial recycling of rare earth metals, including cobalt and lithium, taken from used lithium-ion batteries of electric vehicles (EVs), starting in fiscal 2025. Nikkei Asia reports that the company aims […]
Industry Focus Areas, Motorized Vehicle
April 12, 2022
Via: The Wall Street JournalGeneral Motors Co. has struck a multiyear agreement to source cobalt from commodities firm Glencore PLC, the latest in the auto industry’s rush to secure key battery ingredients for electric vehicles as raw materials prices rise. GM said Tuesday the […]
January 3, 2022
Via: Electronics WeeklyIn China, the biggest maker of EV batteries, a ton of lithium is $41,000 a ton, says the Nikkei, which is five times more than last year. The price of cobalt has doubled since January 2021 to $70,000 a ton […]
Industry Focus Areas, Logistics, Motorized Vehicle, Process
January 22, 2021
Via: The Wall Street JournalA 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. […]
April 11, 2024
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