Cobalt Use in Rechargeable Batteries Rising as Hybrid-Vehicle Sales Ramp Up, an Industrial Info News Alert

Market Wire, March, 2008

Researched by Industrial Info Resources (Sugar Land, Texas) -- One of the main selling points of a hybrid electric vehicle is its rechargeable battery, which is either nickel metal hydride or lithium ion. And in the past three years, cobalt use in rechargeable batteries has risen 284%.

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Industrial Info Resources (IIR) is a marketing information service specializing in industrial process and energy related industries with products and services ranging from industry news, forecasting, plant and project databases, as well as multimedia advertising campaign assistance. For more information send inquiries to metalsandmineralsgroup@industrialinfo.com or visit us at www.industrialinfo.com .

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