Browsing: Cobalt

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Two-thirds of vehicles will be powered by electric batteries by 2035! This trend is truly unstoppable. According to the UN, 2007 marked the year where the majority of Earth’s population lived in urban areas, rather than rural ones. Over the next decade, the world is expected to add a billion people.

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Few realize just how small the electric vehicle market is today. The potential for its growth cannot be understated. There’s trillions in global government subsidies and real demand from millennial consumers.

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The global boom for smartphones and electric vehicles has pushed the price of cobalt to $37 per pound! Taxes on cobalt is set to rise!