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Report: KoBold Metals Business Breakdown & Founding Story

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A report from Contrary Research. Discover KoBold Metals founding story, product, business model, and an in-depth analysis of their business.

Thesis The demand for electric batteries is soaring as the world increasingly shifts towards electric vehicles. Increasing demand for batteries means greater demand for metals like lithium, nickel, and cobalt, which are critical for battery manufacturing. While the $374 billion Inflation Reduction Act passed by the US Congress in late 2022 aims to accelerate this transition, a crucial missing piece is mineral supply. To meet the rising demand, the mining industry must invest $1.7 trillion over the next 15 years to secure enough of these critical minerals , a challenge that becomes all the more

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