Industry Experts | Does The Future Of The EV Market Rely On Cobalt & The Politics In The DRC?

Between 2016 and 2017 the global market for cobalt doubled from $4bn to $8bn, its price surging by 120%.

This was driven by the growth of the EV market, with around 55% of the cobalt currently produced being used for rechargeable electric vehicle batteries, making it one of the most in-demand metals in the world.

In a new podcast from Vox Markets, we speak to an expert in the cobalt industry - Roger Murphy from African Battery Metals (ABM) FOLLOW - about some of the key issues & debates surrounding the scarce metal.

In this episode, we discuss just how reliant the electric vehicle market is on cobalt, touch on some of the political factors that impact the mining of the metal, and give some insight into what the future holds for the global market.