Lower cobalt prices suppress supplies from artisanal mining, EV demand uncertain: European BRM

Lower cobalt prices have made it difficult for artisanal mining to be economically viable with the demand for cobalt being uncertain, Fastmarkets learned during the European Battery Raw Materials (BRM) conference in Amsterdam on Thursday September 21.

The uncertainty of demand for the metal, which is used in the batteries of electric vehicles (EVs), came with original equipment manufacturers (OEMs) prioritizing customers’ preferences.

“The volume from artisanal...


Sayaka Kurata

September 21, 2023

19:10 GMT