Battery makers descend on #Australia, #Canada #Cobalt developers

A stockpile at the Tenke Fungurume copper-cobalt mine in the Democratic Republic of the Congo, which is owned by China Molybdenum (56%) Lundin Mining (24%) and Gécamines (20%). Credit: Lundin Mining.

#Reuters – Nervous #Asian battery makers are turning to early-stage #Cobalt projects in #Australia and #Canada to lock in supplies of the critical battery ingredient ahead of expected shortages as demand for #ElectricVehicles revs up.

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