Cobalt has significant strategic and economic value due to its use in modern technologies like electric vehicles and renewable energy systems. Its extraction is often linked to the Democratic Republic of Congo, where mining conditions have raised ethical concerns. Coltan's importance comes primarily fro...
The word cobalt is taken from German word Kobold, which means “goblin”, a name used by miner to refer to cobalt ore. Mostly yielded from Democratic Republic of the Congo, cobalt ore is mainly a by-product of copper and nickel mining. It can also be found in meteoric iron and vitamin...
Cobalt is an essential material in NMC and other Li-ion battery types. Over 70% of the world’s cobalt is mined in the Democratic Republic of Congo (DRC) under appalling conditions, and it’s often referred to as blood cobalt. Because the cathode in LiFePO4 is composed of lithium iron ...
What about the other materials used in batteries? Batteries have loads of other materials in them, like nickel, cobalt, and graphite. Cobalt is primarily mined out of Congo, which produces roughly half the world’s supply. Heavy Chinese investment has resulted in many industrial mining operations...
Other metals such as nickel and cobalt are needed for electric vehicles and energy storage, while lead batteries are helping to power the internet.METALS FOR THE ENERGY TRANSITION One of the world’s leading independent suppliers of metals Trafigura is a key supplier of non-ferrous concentrates –...
To address slope heterogeneity and cross-sectional dependency, the novel (MMQR) model is applied. We also conduct an asymmetric analysis to detect the moderating and mediating roles of economic governance in the linkage between digital financial inclusion, mineral resources, and green economic growth....
Cobalt, which is a much smaller component, has historically had the biggest humanitarian impact. Much of the world's cobalt — about three quarters — comes from the Democratic Republic of the Congo, and for most of history cobalt mining was done via manual labor with terrible pay — charitab...
(Fig.1). Economic and political events repeatedly interrupt this decreasing trend with upward spikes. Typical examples are the cobalt crisis in 1978 triggered by the Shaba conflict in the Democratic Republic of Congo (formerly Zaire) or the tantalum peak of 1980 triggered by the surge of the ...
The ecological effects of sourcing and processing these materials, such as the mining of lithium or cobalt, have brought sustainability and ethical sourcing to the forefront of the industry and the general public. The sector faces manychallenges and changes, including weighing efficiency and cost-effe...
the major story in these commodities has been about the tech industry’s need for rare earth elements. Some, like dysprosium, erbium, europium, gadolinium, and holmium, are used in speakers, electric vehicle motors, and smartphones. Another element, gallium, is frequently...