{"id":233311,"date":"2021-05-11T16:15:30","date_gmt":"2021-05-11T08:15:30","guid":{"rendered":"https:\/\/charltonsnaturalresources.com\/?p=233311"},"modified":"2021-08-16T12:29:32","modified_gmt":"2021-08-16T04:29:32","slug":"cobalt-price-jumps-40-percent","status":"publish","type":"post","link":"https:\/\/charltonsnaturalresources.com\/en\/cobalt-price-jumps-40-percent\/","title":{"rendered":"Cobalt price jumps 40%"},"content":{"rendered":"[et_pb_section fb_built=”1″ admin_label=”CNR NEWSLETTER” module_class=”cnl-wrapper” _builder_version=”4.4.3″ locked=”off”][et_pb_row admin_label=”Header” module_class=”cnr-nl-header” _builder_version=”4.4.3″][et_pb_column type=”4_4″ _builder_version=”4.4.2″][et_pb_text admin_label=”Header” _builder_version=”4.9.4″]
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\"Cobalt<\/div>\n
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\nMay 2021<\/span>\n

Cobalt price jumps 40%<\/h1>\n\n<\/div>\n\n<\/div>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Text” _builder_version=”4.9.1″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.9.0″ _module_preset=”default”][et_pb_text _builder_version=”4.9.4″ _module_preset=”default”]

Cobalt prices have jumped 40% this year so far with the rise in demand from electric vehicle makers. Supply chain for rare metal and allegation of child labour have deterred electric carmakers from the use of cobalt. While the number of electric cars in China has increasingly seen the use of alternative lithium-iron phosphate (LFP) chemistry that does not involve cobalt or nickel, this has been outweighed by growth in global demand for more powerful batteries. While cobalt price will reach $28.50 a pound this year, it is projected that it will hit $40 in 2024 as alternatives are expected to remain scarce.<\/p>\n\n\n

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NATURAL RESOURCES News May 2021 Cobalt price jumps 40% Cobalt prices have jumped 40% this year so far with the rise in demand from electric vehicle makers. Supply chain for rare metal and allegation of child labour have deterred electric carmakers from the use of cobalt. While the number of electric cars in China has increasingly seen the use […]<\/p>\n","protected":false},"author":1,"featured_media":233298,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"fifu_image_url":"https:\/\/charltonsnaturalresources.com\/legal\/news\/2021\/05\/cobalt-price-jumps-40-percent-thumb.jpg","fifu_image_alt":"Cobalt price jumps 40%","footnotes":""},"categories":[23],"tags":[],"class_list":["post-233311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","cat-23-id"],"_links":{"self":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/comments?post=233311"}],"version-history":[{"count":5,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233311\/revisions"}],"predecessor-version":[{"id":233541,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/posts\/233311\/revisions\/233541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media\/233298"}],"wp:attachment":[{"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/media?parent=233311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/categories?post=233311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/charltonsnaturalresources.com\/en\/wp-json\/wp\/v2\/tags?post=233311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}