I see the Financial Times today reports a scarcity of the key material for the making of electric car batteries after a group of "hedge funds amassed a large stockpile" of cobalt.
Doe this mean we need to stock up with our cobamalin B12 injections?
"Don't panic - don't panic!!" "Permission to panic sir!!" per Corporal Jones...
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clivealive
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I strongly suspect that cobalt itself isn't one of the specific specific ingredients that is 'stirred' into the vats of bacteria that are fermented to produce B12.
Cobalt is a trace element. I believe it exists in the bacteria itself. If ruminant animals are denied cobalt containing food, the bacteria die off and the animal suffers from B12 deficiency. I remember reading about an early experiment where a newly hatched chick was kept in a sterile environment and so was not exposed to the bacteria that synthesizes B12. The chick died. I just found this page about goats that talks about cobalt: goatworld.com/articles/nutr...
Not to be alarmist, but a true cobalt scarcity would have vast implications for the entire food chain. So I wonder how the financial times defines scarcity?
Cobalt is found in the minerals cobaltite, skutterudite and erythrite. Important ore deposits are found in DR Congo, Canada, Australia, Zambia and Brazil. Most cobalt is formed as a by-product of nickel refining.
A huge reserve of several transition metals (including cobalt) can be found in strange nodules on the floors of the deepest oceans. The nodules are manganese minerals that take millions of years to form, and together they contain many tonnes of cobalt. "
I believe it's because cars take up to about 15 000 grams just for one so they think if there isn't enough for a few hundred cars than it's scarce. At least that's what I would think.
it is a trace element that is, I believe found everywhere so unlikely to be banished from the food chain. However, it is also found in some places in larger amounts in mineral deposits which can be mined and refined and it will be this cobalt that is covered by stockpiles.
Colbat is also used in making phone batteries but only a small amount is used compared to the amount that's used in a car battery.I don't think b12 injection needs to much because, correct me if I'm wrong, it is a heavy metal?
In history class we discussed colbat mines because it was impacting the gorilla population (2 years ago I could be wrong) so I do believe some mines have been shut down while they try to find better technology to harvest it. Not to mention people find new mines almost all the time or a coal mine could turn into a colbat one because they found some. I'm sure there isn't too big of a shortage since car batteries take so much and if there isn't enough for batteries it can hopefully be used for vitamin.
Plus the construction of electric cars is worse for the environment than driving a truck for 10 years.
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