Delays in EV, energy-storage markets reduces demand for cobalt-containing cathodes – Umicore
Published: Wednesday, 24 April 2019
Umicore says its previous projections for cathode materials sales will be achieved with a delay of up to 18 months.
By Ewa Manthey
Negative pressure arising from delays in the electric
vehicle (EV) and energy storage markets have reduced the demand
for Umicore’s cobalt cathodes materials, Umicore
chief executive officer Marc Grynberg said during a conference
call on Tuesday April 23.
The previous projections of 100,000 tonnes of...