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

Elementum

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. Conclusion.

article thumbnail

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

Elementum

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. Conclusion.