Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA Updated On Thu, May 6th, 2021 by Saurenergy In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […] Read more
Cobalt and Nickel Supply Woes to Hurt EV Makers – Woodmac Updated On Wed, Jul 24th, 2019 by Saurenergy The rising popularity of EVs globally and the rush to adopt cleaner mobility options has led to a surge in demand for Cobalt and Nickel. Electric vehicles (EVs) and energy storage have dominated the narrative in the metals and mining space. As announcements on EV targets by automakers and governments grow, panic around a steady […] Read more