'The problem for other automakers is that the EV revolution is now travelling faster than their collective ability to engineer out cobalt in a battery revolution.
Cobalt usage by the sector, even allowing for an accelerated roll-out of 8:1:1 [nickel-manganese-cobalt] chemistry, will increase to 180,000 tonnes in 2026, or just under double last year’s global production, according to Benchmark Minerals.'
