Update on the Chinese Cobalt Stand-off in the DR Congo
The China in Africa Podcast
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Introduction
Theeri Giro, francophone editor gironima from the beautiful island of mauritius. Cobalt is one of the strategic resources that goes to power electric vehicle batteries. Prices for cobalt have fallen forty % over the past year. The company generated 606 million dollars in net profits due to higher prices for copper, cobalt and all the various other metals they mine.
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