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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ISE - Battery Metals News September 2019
ISE - Batteriemetalle News September 2019 After years of soaring cobalt prices shortly before reaching US $ 100.000 per ton, the price curve took a turn in March of last year. Glencore's decision last month to shut down the world's largest cobalt mine brought new life to the market, but so far the [...]
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