Small problem with electric cars: Cobalt prices
-
Samsung SDI Co., a battery supplier to carmakers including BMW, plans to recycle cobalt from used mobile phones as companies around the world scramble to secure supplies of the metal amid surging prices.
The technologies to extract minerals from dead batteries could add 25,000 metric tons of supply by 2025, according to projections by commodity analysts CRU Group.
Huh.
Cobalt will be also used by Intel for 10nm chips, lot of it.
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