COBALT BRAND NEW 10 YEAR HIGH….Article–China’s Cobalt Conundrum in Congo
Article on China, Congo and Cobalt: https://www.lowyinstitute.org/the-interpreter/china-s-cobalt-conundrum-congo More than half of the cobalt that goes into phone batteries and electric vehicles worldwide – 66,000 of 123,000 tons produced in 2016 – is sourced from the Democratic Republic of Congo (DRC). Global demand is expanding rapidly. But lawmakers in Kinshasa have decided to cash in, targeting Western and Chinese mining companies with hotly disputed mining sector reforms. The new laws,...
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