Cobalt has been getting a lot of attention lately because it is one of the most expensive materials found in lithium-ion batteries, which power everything from laptops and cell phones to electric vehicles. Cobalt extraction is largely concentrated in the Democratic Republic of Congo, where it is linked to human rights abuses and child labor, while cobalt refinement is almost exclusively done in China, making cobalt part of a tenuous supply chain. These are some of the reasons why battery manufacturers like Samsung and Panasonic and car makers like Tesla and VW, along with a number of startups are working to eliminate cobalt from lithium-ion batteries completely.

Correction 11/17/2021: At 14:37, Evan Erickson misspoke — Texpower is building a facility that will be able to produce hundreds of tons of material per year not hundreds of kilograms of material per year, as he stated in the video.

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How Removing Cobalt From Batteries Can Make EVs Cheaper