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Battery Makers Search for Steady Supply of Cobalt as Price Rises

Battery Makers Search for Steady Supply of Cobalt as Price Rises

SEOUL, Mar. 2 (Korea Bizwire) — Local battery makers are rushing to secure a steady supply of cobalt through import diversification and company mergers as the price of the raw material keeps rising, industry sources said Thursday. The international price of cobalt, a core component of batteries used in smartphones and electric vehicles, jumped to [...]