Monday 6 August 2018

Rising cobalt prices push up li-ion battery costs

The rising price of cobalt is pushing up the cost of lithium-ion batteries, reports EnergyTrend. Q3 prices of lithium-ion batteries are expected to rise by 5-15%. Prismatic cells, cylindrical cells, and polymer cells are expected to show a Q3 QoQ price growth of 6~8%, 7~9%, and 10~15% respectively.  Global demand for cobalt is around 110,000 ...

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from Electronics Weekly https://www.electronicsweekly.com/news/business/rising-cobalt-prices-push-li-ion-battery-costs-2018-08/

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