#ElectricCar Makers Have an #Africa Problem
At current production levels, #Cobalt reserves are expected to last for 57 years, compared with 400 years for #Lithium. Surely more reserves will be discovered, but it’s likely that production will remain dependent on one country — the Democratic Republic of the #Congo, currently responsible, according to #Bloomberg Intelligence, for about 54 percent of mined cobalt and some 49 percent reserves.
Read more at: https://www.bloomberg.com/view/articles/2017-10-17/electric-car-makers-have-an-africa-problem