Tesla signs cobalt deal with Glencore
Tesla's reluctant attitude towards cobalt is a warning to others. The unpredictable Elon Musk strikes again. Just as his electric vehicle company Tesla seemed to be moving away from using cobalt in its batteries, he signed a long-term supply contract for the controversial metal with Glencore. This from the man who swore to remove cobalt from the Tesla product mix [...]
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Lithium, the key metal of the future
Lithium, the key metal of the future Demand for lithium will boom over the next few years, and the US intends to increase its share of the world market for the metal used in electric vehicle and cell phone batteries, energy storage and other consumer goods. Bloomberg NEF predicts that global demand for lithium will double to around 2025 tons by 800.000. Electric vehicle batteries [...]
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