Big Tech and Auto Battle for the World’s Cobalt Resources
Elementum
MARCH 27, 2018
million metric tons (or 60% of the world’s supply). million metric tons. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. CEO Elon Musk has been doing his best to dispel these concerns, partnering with the small town of Cobalt in Ontario, Canada to secure its needs. Where Do Companies Get Their Cobalt?
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