Panasonic expects its cobalt to double within five years in car batteries
Panasonic Cobalt double Increases in 5 Years
Sunday, June 17, 2018 - 5:34:18 PM
Reports indicate that the development of Cobalt batteries will last for many years, and market participants say Panasonic will offer a lot of additional market share.
Market participants also said that the use of cobalt by Panasonic next year will be estimated at 10 thousand tons, and consumption will increase by 25 thousand tons by 2020.
They say Panasonic`s cobalt consumption will be around 8,000 tonnes this year

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