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Lithium and cobalt face divergent futures

LITHIUM and cobalt have both benefited from the battery boom, but McKinsey & Company says the two one-time minor metals could face different futures.

Kristie Batten
Image: iStock/Vefimov

Image: iStock/Vefimov

Under McKinsey's base case, electric vehicles will comprise 13% of all vehicles by 2025 and 22% by 2030. However, under its aggressive case, EVs would make up 18% of total vehicles by 2025 and 30% by...

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