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Collaboration on cobalt and lithium has been sealed, as demand looks to rise by 500% by 2040
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Researchers think they’ve found the answer
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The PPAs will cover the existing needs of Umicore’s site in Kokkola, where it produces precursor cathode active materials and refines cobalt used in rechargeable batteries for EVs
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By 2026, the automotive industry could account for half of global cobalt demand
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The country currently produces approximately 70% of the world’s cobalt, which is predominantly used to produce batteries
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A letter delivered to the Committee on Climate Change suggests this will be essential in allowing the UK to meet its 2050 climate targets
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Apple has quadrupled the number of locations customers can send their old iPhone to be recycled
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