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

Elementum

MARCH 27, 2018

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. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons.

Resource Reduction 87
Resource Reduction Resources Manufacturing Procurement Congo 87
article thumbnail

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

Elementum

MARCH 27, 2018

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. Cobalt demand will exceed supply by 42% in 2025 and 170% in 2030. million metric tons.

Resource Reduction 60
Resource Reduction Resources Manufacturing Procurement Congo 60
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