U.S. Cobalt Mine Opens to Feed EV Appetite
First such mine in the country for decades could be followed by others in Idaho region.

Cobalt is an essential element in electric vehicle batteries.
IMAGE: Getty Images/urbazon
Decades after the last U.S. cobalt mine closed, an Idaho mine has opened to help meet increased demand for electric car batteries.
As the U.S. government pushes for more North America production of EV batteries and the raw materials required to make them, more plants are cropping up here.
The new cobalt mine, owned by Jervois Global in Australia, could be joined by at least half a dozen others that have applied for permits from the U.S. Forest Service to operate in the Salmon-Challis National Forest, which is on the Idaho Cobalt Belt.
Cobalt is an essential ingredient for lithium-ion batteries that go in EVs.
The U.S. is encouraging construction of a North American EV supply chain via federal tax credits for EVs built in North America, with batteries made on the continent, and with battery minerals made or recycled here. The push is intended to eliminate the country’s dependence on Asia, particularly China, for EV batteries and materials.
A U.S. delegation met with Mexican government officials in September to encourage integration of the two countries' supply chains and to expand EV production by way of Mexico’s nationalized lithium industry.
DIG DEEPER: Biden Announces Funds for EV Chargers at Auto Show
Originally posted on Auto Dealer Today
More F&I

AI: Facilitator, Not Fixer, in F&I
The dealerships that thrive in the years ahead will be those that embrace technology while continuing to invest in the people who make customer interactions count.
Read More →
Modern Technology Objection Handling
In this video, Trent White shares how to confidently handle technology-based objections by helping customers understand the value of protection, even with modern vehicle technology.
Read More →
Consistency at Scale: Driving F&I Performance
With 75 rooftops across the Sunshine State, Morgan Auto Group has proven to Floridians that it knows a thing or two about driving performance in a competitive market. But it didn’t start at the top.
Read More →
Gitty Up on GAP
The foundational finance-and-insurance product hasn’t kept up with the latest conditions for auto dealers. Is the time ripe?
Read More →
How AI-Powered Coaching Is Transforming F&I Performance
See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability
Read More →
Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Double the Change, Double the Chance
When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →