Cobalt: high in demand following scarcity outlook

COBALT: HIGH IN DEMAND FOLLOWING SCARCITY OUTLOOK

Cobalt, which is a key ingredient in lithium-ion batteries mainly used in electronic products and electric cars, is high in demand by automotive and tech companies. There is fear of cobalt scarcity, as it is mainly produced in Democratic Republic of Congo (DRC), where issues of political, ethical and also operational complexities are present. This report explores the implications for supply chain visibility and risk mitigation.

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