FILE PHOTO: A sign of 5G is seen at the 2020 China International Fair for Trade in Services in Beijing, China September 4, 2020. REUTERS/Tingshu Wang
Base station antenna for 5G also need significantly more power, putting pressure on power grids, necessitating the use of energy storage systems, which in China are now being built with cobalt containing lithium-ion batteries.China is leading the way on 5G sales, which have slowed in recent months, but are expected to increase as growth recovers in the aftermath of the COVID-19 crisis.
“Down the road we are likely to see some aggressive bidding for cobalt from electric vehicles and mobile phones, where there isn’t really a chemistry that can compete with LCO.” Analysts expect a balanced cobalt market this year and deficits from 2022 as sales of electric vehicles and 5G phones accelerate.
Radiation pollution not good for the environment ban 5G
The silence from the EV-haters is going to be deafening...
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: WSJ - 🏆 98. / 63 Read more »