TSXV:FCO.H - Post by User
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AdekGoskion Apr 12, 2017 12:48pm
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China will need more Cobalt
China will need more Cobalt China's Green Vehicle Revolution To Reshuffle The Cards For Cobalt
Summary
Green, the keynote in Chinese 13th Five-Year Plan.
China approves NMC battery technology for green car subsidies.
Traditionally focused on the LFP chemistry (no cobalt), Chinese battery makers are quickly shifting towards cobalt-rich ternary batteries.
Chinese companies have been recently gobbling up world supplies and securing access to the largest cobalt reserves in the world.