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Yep, that's predicted to be about 40% of the battery market by the end of this year. And while what's happening in Africa with respect to conflict mining is na
by jillesvangurp 3y ago
Yep, that's predicted to be about 40% of the battery market by the end of this year.
And while what's happening in Africa with respect to conflict mining is nasty, it's worth pointing out that that this is a solvable social issue. A lot of battery and car companies are under a lot of pressure to not have conflict minerals in their supply chains.
Also, cobalt and lithium mining are a drop in the ocean compared to other forms of mining. Is it more sad when children are used to mine cobalt than when they are mining coal, iron, or copper? The reason nobody really talks about that is not that it's not happening but because the people raising issues about cobalt mining are being highly selective. People dying deep underground in coal mines is a regular thing that gets reported in the news occasionally. Some of those people are minors. Mining simply is unhealthy and dangerous. And it mostly happens in places where there is not a whole lot of attention to workplace safety; or indeed the age of the workers.
Never mind that conflict cobalt is also used in the oil and petrochemical industry. Which of course also uses oil at a ginormous scale. And never mind that nobody cares where that oil comes from or how it is produced. Or the ecological damage done to the environment producing and transporting it. E.g. Nigerian oil has had its fair share of social and ecological issues over the years. I remember there were some protests but Shell's market share never really suffered a lot.
Cobalt in batteries is fine if it is sourced responsibly. And it can be recycled when the battery eventually reaches its end of life.