TSXV:FCO.H - Post by User
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JulianAssangeon Sep 24, 2016 8:19am
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Expert Predicts Shortage of Cobalt For Electric Vehichles
Expert Predicts Shortage of Cobalt For Electric Vehichles "We don't produce enough lithium, cobalt or spherical graphite in North America to make even a fraction of the vehicles Mr. Musk tells us he's going to be making by 2018," he says in the Skype interview. "I've got big news for everybody watching: There are at least 20 or 25 direct-electrically powered and hybrids coming onto the market in the next five or six years. They're coming from Europe, the US, Japan, China and Korea."
Lifton says many in the industry are aware of the problem, but "Nobody's doing anything they're just talking about it."
https://www.mining.com/rare-metals-expert-predicts-north-american-shortage-lithium-evs/