Over the past two years, cobalt has emerged as one of the hottest commodities of the electric-vehicle revolution. The silvery-blue metal, an important component in lithium-ion batteries, has more than doubled in price, making carmakers and tech giants fret about securing their future needs. The focus on the metal has turned a spotlight on the obscure supply chain that takes cobalt produced in mines in the Democratic Republic of Congo, Canada or Morocco, and ultimately delivers cobalt-containing batteries to companies from Samsung Electronics Co. to Volkswagen AG. That supply chain is dominated by Chinese companies.
Bloomberg 2nd Dec 2018 read more »