Cobalt prices soar as China stockpiles metal used in smartphones, electric car batteries
Jevans Nyabiage, South China Morning Post
Posted at Mar 15 01:25 PM
‘Chinese companies continue to ship cobalt hydroxide from Africa, but there have been delays which have helped drive tightness in the market,’ an analyst says. China is the world’s biggest importer of cobalt, buying about 95,000 tons of it every year.
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