![]() ![]() Efforts to reduce the amount of cobalt aim to reduce costs, but also to improve the energy density, which has become a major obstacle for electric car makers to shorten charging times and extend range - and at the same time Cost cutting. The new batteries of South Korean companies only contain 10%. ![]() Currently, batteries contain almost 20% cobalt. SK Innovation and LG Chem have announced that by the end of the year they will be making new batteries that use more nickel (more common) than cobalt. An average smartphone needs 5 to 20 grams (tablets and laptops need a lot more with 20 to 50 grams). For the production of an EV, between 4 and 14 kg of cobalt (for a plug-in hybrid 1 to 4 kg) is required. Apple, a technology giant, has reportedly cut cobalt supply contracts with mine operators to gain more control over its supply chains. Tesla and other automakers are trying to reduce the amount of cobalt needed to build their batteries. Or they try to do without the metal right away. The classification Congo Cobalt: a rare but important metal for the modern worldĪlthough cobalt has become one of the most important components in many industries thanks to its unique properties, the instability, volatility and uncertainty of metal supply has led many companies to take drastic steps to meet their demand for cobalt. Cobalt 27 Capital, which is investing in metals needed to build electric vehicles, warned earlier this year that "Cobalt's two main problems with the supply chain are concentrated production and reserves in the DRC and Chinese control over the majority of refined cobalt production ". According to estimates, China refines more than half of the world's cobalt production. While Rohkobalt is the dominant theme in the DRC, at the other end of the market segment another country has emerged to dominate the market. The political environment can be very volatile, the supply is quickly endangered and mine operators are often faced with security problems. His oversized role in the worldwide cobalt market is far from the ideals of those who would like to degrade the metal. The Democratic Republic of Congo has historically been a very unstable country plagued by corruption and war. But none of these countries produces more than 5% of world production. ![]() No other country in the world approaches the DRC cobalt concentration: Cuba, Russia, Australia and the Philippines are other important cobalt producers. Nearly two-thirds of global production comes from the country. Over half of the world's deposits of nearly seven million tonnes of cobalt are in the Democratic Republic of the Congo. Cobalt producers: The Democratic Republic of the Congo and China dominateĬobalt is very rare and the most common occurrence is in a highly unstable country in the heart of Africa, the Democratic Republic of the Congo (DRC). 90% of the raw material will be mined by the Ruashi mine in south-eastern Congo. Privately organized cobalt mining in the Congo. ![]()
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