China-led electric car boom shakes up metals market as cobalt sees 150% surge

InsureZero.com - China-led electric car boom shakes up metals market as cobalt sees 150% surge

Demand for cobalt has soared in the past year as investors expect inexorable growth in the global electric vehicle industry to generate a supply squeeze this year following several years of surplus production.
As recently as 2005, electric vehicles globally could be counted in the mere hundreds...
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