Cobalt prices have increased by more than 47% year-over-year, one of the largest gains in the entire metals spectrum.
(Kitco News) -Nikola Tesla, is the first and last name that has now became two faces of the electric-vehicle market with Nikola Motor riffing off the iconic Tesla brand.
(Kitco News) - Cobalt, as we reported previously, is the secret ingredient in lithium ion batteries. Battery-electric vehicles like Teslas contain approximately 50kg, or about 10% of the total battery weight, in every car.
Almost half of all platinum, palladium and rhodium used industrially in the world are consumed in emission control catalysts by the automotive industry. If, as of tomorrow, all conventional engines would cease to exist, the effects on the market for these metals would be earthshaking. A mere theory, or a very real threat?
Tremendous success of Teslas Model 3 pre-sale rekindled a hype around electric cars last month, leading to higher prices and concerns for lithium, but there is another metal investors should keep an eye on.
(Kitco News) - Are rumors true that Apple and Google are entering the auto market? Is the electric car dead once again?
Silver has lagged behind gold in recent weeks but renewed optimism in the precious metals space and expectations of growing industrial application helping the grey metal attract some attention.
Of the strategic metals, gallium is seen by many as the one with the most promising short to medium term growth potential.
(Kitco News) - The story of Rare Earth Elements (REE) is at the center of a sad and dirty chapter of the metals industry as it continues to see weak prices despite strong demand.
2015 was not a good year for technology metals. Markets around the world saw prices for precious metals, rare earth elements and strategic metals deteriorate to the point where costs exceeded price, and mines began to falter.
Gold prices are under pressure to start the week, as follow-through selling continues to weigh on the yellow metal.
(Kitco News) In a time of rapidly increasing demand for lithium batteries, there are growing concerns over sufficient supplies at acceptable prices.