Cobalt Crunch: Prices Plummet, Supply Challenges Loom in the Race to Net Zero - CarbonCredits.com

Cobalt Crunch: Prices Plummet, Supply Challenges Loom in the Race to Net Zero  CarbonCredits.com

Cobalt Crunch: Prices Plummet, Supply Challenges Loom in the Race to Net Zero - CarbonCredits.com
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Decarbonization efforts, aiming for Net Zero emissions, require significant changes in the energy sector. This transition requires shifting from fossil fuels to metals and critical minerals like cobalt, copper, lithium, nickel, and rare earths.

The critical minerals market will grow 7-fold by 2030, and 10-fold by 2050 to over $400 billion, per the International Energy Agency estimates. Cobalt, in particular, has a central role in reaching the global net zero target.



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Cobalt Crunch: Prices Plummet, Supply Challenges Loom in the Race to Net Zero - CarbonCredits.com