25
Oct
13:05
Trafigura, EVelution Energy to build Arizona cobalt processing plant
Commodity trader Trafigura and US battery materials processor EVelution Energy say they intend to build a battery-grade cobalt sulphate processing plant in Arizona, Kallanish reports.
Construction of the solar-powered, carbon-neutral facility is expected to begin in late 2023 in Yuma County, Arizona. The plant would have an expected annual capacity of 7,000 tonnes of cobalt, enough to meet 40% of the expected 2027 cobalt demand for US-produced electric vehicl…
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