The Wire

The renewable energy industry is a growing market, one aspect of this being electric energy – which uses batteries to generate power.

A key element used in these batteries is cobalt, mostly found in the Congo.

However Australian mining company Cobalt Blue have been carrying out operations in Broken Hill to create a Cobalt industry for Australia.

While this could be an exciting avenue for the renewable technology industry, both International competition and advancements in non-battery renewables are possible obstacles.