The Elements of Innovation Discovered
The Elements of Innovation Discovered
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Glencore Plc Jan. 10 announced that it has signed an agreement to provide Samsung SDI with a five-year supply of cobalt hydroxide, a key ingredient in the lithium-ion batteries used in electric vehicles, smartphones, computers and other electronic devises. Under the terms of this supply contract, Glencore will provide up to 21,000 metric tons of cobalt contained in cobalt hydroxide between 2020 and 2024. The cobalt will be sourced from Glencore's industrial mining operations...
Most people know Tesla Inc. as a world-leading electric vehicles manufacturer with a growing line of cars, trucks and SUVs. However, the company's foundation is built off its ability to make batteries that power models S, 3, X, Y, Roadster, Tesla Semi, Cybertruck and even Solar Roof. Quite literally, Tesla's EV production capacity can only grow as fast as the company can manufacture the lithium-ion batteries that power them. "So the thing we're going to be really focused on...
Tesla Inc. needs an increasing amount of lithium, graphite, nickel and cobalt for the lithium-ion batteries that power its growing lineup of electric vehicles. With its own rapid expansion, coupled with every major automotive brand in the world adding increasing numbers of EV models to their lineups, securing sustainable and ethical supplies of the lithium, cobalt, graphite, and nickel that go into the batteries that power these zero-emission automobiles has become crucial....
