Primary cobalt deficit will drive need for recycling, alternatives – Ivan Glasenberg

Primary cobalt resources are unlikely to satisfy forecast demand for the metal as the “big electric vehicle revolution” picks up pace, according to Glencore chief executive officer (CEO) Ivan Glasenberg.

Cobalt demand from the EV sector will reach 314,000 tonnes by 2030, equivalent to 314% of 2016 supply, according to forecasts used by Glencore.

The potential to increase cobalt...

Published

Charlotte Radford

December 14, 2017

11:33 GMT

London