Big Tech and Auto Battle for the World’s Cobalt Resources
Elementum
MARCH 27, 2018
It’s expected that market demand for the metal will increase to more than 120,000 tonnes per year by 2020 — 60% of which will account for battery production alone. The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 A cobalt mine in the Democratic Republic of Congo. million metric tons.
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