John Petersen - Cobalt Supply Insufficient For Electric Vehicle Battery Demand

We spoke with John Petersen of Mining Pundits (https://miningpundits.com) about the future for electric vehicles, the cobalt cliff and how demand for battery metals (nickel & cobalt) will drive prices for battery materials higher.

Discussed in this interview:
02:03 Implications of cobalt mined as a by-product
05:03 Class I & II nickel market
09:34 Insufficient cobalt supplies to meet demand
12:32 Lithium-ion battery compositions
17:45 Replacement for the NMC battery composition?
24:47 Irreplaceable uses for cobalt
29:06 Manufacturers will buy cobalt at any price
30:16 China controls 50% of the world's cobalt

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