Rare Earth Elements
Rare earth elements are a critical part of the renewable energy industry as well as in the past for catalysts and industrial products. We explore what they are, and where they can be found.
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Minerals
Mineral Resources are critical for supply of raw materials used renewable energy transformation
Cobalt in Batteries
Cobalt is used in Lithium ion nickel batteries as the cathode. Globally, 98% of cobalt is a byproduct of copper or nickel . In copper it’s 60% of that market. And in nickel’s case, it’s around 38%. Cobalt is essentially an accidental metal. New EV battery technologies do
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Nickel in Batteries
Nickel is a widely mined mineral, often in conjunction with copper around that world. Primary use is in stainless steel, but EV batteries require substantial amounts of nickel over the next decades.
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Graphite for Batteries
Graphite is a key component in batteries and is the anode in most commercial batteries today. Sourced from fossil fuels, companies are seeking new carbon zero supply and looking to improve performance and reduce costs.
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Lithium for Batteries
Lithium for batteries is in short supply and getting worse as batteries demand will increase by 30 times over the next decade. Mining supply is costly and slow. What other elements are in short supply.
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