Cobalt Prices To Rocket As Tech Giants Scramble For Supplies

The Democratic Republic of Congo supplies some 60 percent of the world’s cobalt—a desperately sought after metal that is the driver of our electric vehicle (EV) boom and the fodder of battery gigafactories popping up all over the world. But this claim to fame is obscured by a much darker side of the DRC – namely that It’s in the middle of a violent uprising and it’s been using inhumane child labor to mine the precious metal. DRC’s cobalt is the ‘blood diamonds’ of this decade. Buyers are under growing…
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