Cobalt deficit due by early 2030s: industry group – The Northern Miner

The raw material is in the batteries of electric cars, the demand is as high as never before. But above all the Chinese producers flood the market – not from economic but geostrategic considerations.

Cobalt deficit due by early 2030s: industry group – The Northern Miner

Global cobalt demand is projected to rise faster than supply over the next decade, shrinking the current market surplus and potentially pushing the sector into deficit by the early 2030s,...

Cobalt demand to outpace supply, market deficit projected in early 2030s

The demand for cobalt is expected to outstrip supply and lead to a deficit by the early 2030s, according to the latest report from the Cobalt Institute, a trade association comprising producers, users, recyclers, and traders of cobalt.The post Cobalt demand to outpace supply, market deficit projected in early 2030s appeared first on Mining Technology.

EV boom to drive cobalt deficit despite current oversupply

EV boom to drive cobalt deficit despite current oversupply May 14, 2025 Posted by: Quatro Strategies Categories: EVs & Battery Technology, Mining & Metals No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_custom_1533640275437{margi…