That lifted the cobalt sub-index to a monthly record, despite the fact that prices are still 60% below levels seen early 2018.Ĭompared to the same month last year, the overall EV Metal Index has doubled to $332.9 million and at $2.1 billion year-to-date, is already within shouting distance of the full-year tally of 2019. The Benchmark cobalt index price exceeded $40,000 a tonne in November for the first time since February 2019 and continued to climb into the new year. Tesla was number one in terms of battery capacity deployed, accounting for 1 out of every 5 MWh hitting roads during the month and also led in the deployment of lithium, nickel and cobalt, as its China-made models fitted with NCM cathodes (as opposed to NCA used in the US which uses less cobalt) experienced strong sales.īenchmark Mineral Intelligence price assessments showed month on month increases in prices of all four commodities making up the index, with cobalt now up 32% year to end November 2020. Deployment of cathode material cobalt doubled, while nickel use was up by 85% compared to the same month in 2019. Cobalt and chromium can be released as the metal ball grinds against the metal cup when a person walks or moves.
This type of implant is an artificial hip socket that is created by fitting a metal ball into a metal cup. Total battery capacity of EVs sold increased 117% year on year to nearly 17,000 MWh, according to Adamas Intelligence, which tracks demand for EV batteries by chemistry, cell supplier and capacity in over 90 countries.Īccording to the Toronto-based researcher, during the month lithium used in newly-sold EVs jumped 134% year over year, topping 10,000 tonnes for the first time. Cobalt or chromium poisoning can occur from the wear and tear of cobalt /chromium metal-on-metal hip implants. Cobalt metal, dust and fume Cobalt powder, -325 mesh Cobalt powder, -400 mesh Cobalt powder, 1.6 micron Co (+) Cobalt and inorganic compounds Cobalt Nanoparticle Dispersion Cobalt, p.a., 99.
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