Global Supply For Battery Metals Is Running Tight As Demand Surges ...Middle East

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Global Supply For Battery Metals Is Running Tight As Demand Surges
source : OILPRICE ( Middle East ) () 27
As the desire for electric vehicles increases, the demand for battery metals like lithium and cobalt continues to rise. Will this cause a global pinch on rare earth resources? Considering all the challenges facing metal commodities (and commodities in general), it remains a distinct possibility. The Cobalt Craze and Mining Competition China Molybdenum, a large mining company in mainland China, recently announced plans to invest in mining initiatives based out of the Democratic Republic of Congo. According to estimates, the firm plans to put a staggering…

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