Tag: Electric Vehicles Batteries
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Cobalt Prices Sink to New Record Low Amid Chinese Production Surge
The price of cobalt, a key metal used to manufacture electric vehicle batteries, dropped to its lowest point in nearly a decade last week amid mounting concerns that Chinese companies are flooding the market. Despite persistently low prices, CMOC Group, the world's ...
File image of the Coca Codo Sinclair dam in Ecuador that was financed and built by China. Image via amalavida.tv CC BY 2.0
By Julie Radomski Ten years after the Coca Codo Sinclair hydroelectric dam first came online, the Chinese state-owned construction company Sinohydro Corporation finally turned the project over to the Ecuadorian state last Friday. Yet Ecuador only agreed to accept it under the condition that ...
Cobalt Prices Sink to New Record Low Amid Chinese Production Surge
The price of cobalt, a key metal used to manufacture electric vehicle batteries, dropped to its lowest point in nearly a decade last week amid mounting concerns that Chinese companies are flooding the market. Despite persistently low prices, CMOC Group, the world's ...