Cobalt is used in a wide variety of industrial applications, with lithium-ion batteries for electric vehicles (EVs) and energy storage systems standing as the largest demand segment.As an important battery metal, cobalt's fate is tied to demand for lithium-ion batteries. The EV market may be facing headwinds now, but the long-term future for the electrification of transportation looks bright as governments around the world push for a green energ…
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