Cobalt clings on
Cobalt is key for boosting energy density and battery life, but it comes with caveats: expensive, scarce, and linked to unethical mining practices, wild price fluctuations, and a tenuous supply chain. In recent years, battery manufacturers and automakers have intensified efforts to reduce or eliminate cobalt in lithium-ion cathodes. But sometimes, old habits die hard, as pv magazine’s Marija Maisch explains.
Many battery manufacturers are reducing cobalt content or exploring other battery chemistries, but demand for the rare metal from the battery industry is expected to increase.Battery-based demand for cobalt has skyrocketed in recent years, even as many companies actively adopt strategies to hedge against the turbulent, controversial market. On top of ethical concerns about human …
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