Big Tech and Auto Battle for the World’s Cobalt Resources
Elementum
MARCH 27, 2018
In 2006, lithium-ion batteries consumed only 20% of the global cobalt supply. The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. million metric tons.
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