LONDON Oct 5 The U.S. Defense Logistics Agency
(DLA) said it has a mandate to buy 600 kg of lithium cobalt
oxide (LCO) and 2,160 kg of lithium nickel cobalt aluminium
oxide (NCA) in the fiscal year starting Oct. 1.
The amounts were detailed by the DLA in its Annual Materials
Plan for financial year 2016-2017, which runs from October to
September, published on its website this week.
They are double the 300 kg of LCO and 1,080 kg of NCA it was
mandated to buy in the 2015-2016 fiscal year.
Both compounds are used to make lithium-ion batteries. LCO
batteries are used for mobile phones and laptops and NCA
batteries are used for electric vehicles.
In 2014 the DLA was authorised for the first time in 20
years to acquire new materials for the National Defense
Stockpile (NDS). It has authorisation to buy cobalt compounds
from fiscal year 2014 through fiscal year 2019.
Under the Defense Production Act of 1950, the U.S.
Geological Survey advises the DLA on the acquisition and
disposal of NDS mineral materials.
(Reporting by Pratima Desai; Editing by Alexander Smith)