Big Tech and Auto Battle for the World’s Cobalt Resources
MARCH 27, 2018
The Democratic Republic of Congo holds the most global cobalt reserves , at around 3.5 million metric tons (or 60% of the world’s supply). million metric tons. Traditionally, companies like Apple haven’t purchased the metal directly from mines, but through brokers like China’s Congo Dong Fang Mining. A cobalt mine in the Democratic Republic of Congo. Questions about how the auto-manufacturing giant would meet production goals arose soon after.