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To: karpov
Lithium-ion batteries require cobalt and currently there is a cobalt shortage with little chance of ending in the near future. As more batteries are needed for more cars, the shortage will increase, driving the cost up, effecting not only cars but phones, etc.

Until a new battery technology is developed that uses readily available rare materials the electric car revolution is a pipe-dream. Schumer is an idiot and this only reinforces that perception.

5 posted on 11/04/2019 12:27:53 PM PST by MichaelRDanger
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To: MichaelRDanger

We need Co for magnets and steel alloys too.


7 posted on 11/04/2019 12:29:02 PM PST by Paladin2
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To: MichaelRDanger

Nickel is going up now and Cobalt theft is increasing.


11 posted on 11/04/2019 12:42:39 PM PST by ImJustAnotherOkie (All I know is The I read in the papers.)
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