Broken Hill positions itself at the centre of the battery universe: mining.com.au - Cobalt Blue

Broken Hill positions itself at the centre of the battery universe: mining.com.au

In this feature article for mining.com.au, Jonathan Norris explores the role of the Broken Hill Cobalt Project in providing a “solution to the global battery market’s increasingly grim problem with ethical supply chain sourcing”.

Cobalt Blue CEO Joe Kaderavek explains: “The global cobalt supply/demand balance appears to be set for tight conditions in the coming 5 years. Last year, demand surprised to the upside, primarily due to stronger-than-expected EV sales following government support initiatives. EV demand remains robust, even as government subsidies are gradually withdrawn. Further, supply risks far outweigh those for demand given 75% of the supply growth scheduled in the next 5 years comes from the Democratic Republic of Congo (DRC).”

Link to the full story