China is winning the global race to control batteries

There is a worldwide race to lock up the supply chain for cobalt, which will likely be in even greater demand as electric-car production rises. So far, China is way ahead. China is by far the biggest consumer of cobalt from Congo, the world’s biggest producer. Chinese refiners import about 94 per cent of their cobalt from the West African nation, according to Darton Commodities. Read more here in The Australian

Share

Leave a Reply

Your email address will not be published. Required fields are marked *