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EV-Critical Battery Metal Cobalt Soars As Congo's Export Ban Disrupts Supply Chains
EV-Critical Battery Metal Cobalt Soars As Congo's Export Ban Disrupts Supply Chains The Democratic Republic of Congo's four-month suspension of cobalt exports has driven up prices of the critical metal, which is heavily used in lithium-ion batteries—the backbone of the renewable energy industry.  New Fastmarkets data shows that a pound of cobalt hydroxide—the main product exported from the DRC, the world's top producer—has surged 84% since the DRC suspended exports last mon
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