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Top News In Cobalt Prices Today - Breaking & Trending Today
In the race for key raw materials for lithium-ion batteries, China now appears to be leading the cobalt push, with its CMOC Group boosting production up over 170% in the Democratic Republic of Congo ....
The surge in lithium overproduction coupled with waning demand has unexpectedly slashed battery costs, sparking a revolution in the electric vehicle (EV) market by heralding an era of affordable e-cars for consumers. ....
Cobalt prices have plummeted due to a combination of oversupply from the Democratic Republic of the Congo, a slowdown in the battery market, and the rise of cobalt-free battery technologies. ....