EV-Critical Battery Metal Cobalt Soars As Congo's Export Ban Disrupts Supply Chains
EV-Critical Battery Metal Cobalt Soars As Congo’s Export Ban Disrupts Supply Chains The Democratic Republic of Congo’s four-month suspension of cobalt exports has driven up prices of the critical metal, which is heavily used in lithium-ion batteries—the backbone of the renewable energy industry. New Fastmarkets data shows that a pound of cobalt hydroxide—the main product […]
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