A child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFPA child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFP
A child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFP

China goes all out to secure lithium, cobalt supplies – key to dominating the world electric car market

Cobalt, however, faces bigger challenges than lithium, which has seen bigger price gains over the past two years amid lack of certainty over new supplies, stockpiling and traders taking speculative positions

Topic |   Electric cars
A child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFPA child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFP
A child breaks rocks extracted from a cobalt pit in Lubumbashi in the Democratic Republic of Congo. Prices of the metal have jumped in the past two years amid uncertain supplies and stockpiling activities. Photo: AFP
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