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Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

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. Conclusion.

article thumbnail

Big Tech and Auto Battle for the World’s Cobalt Resources

Elementum

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. Conclusion.