UAW, EVs, Med Tech, and Microsoft
Bloomberg Intelligence
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Establishing Cobalt Processing Plant in Yuma, Arizona
The chapter discusses the efforts to establish a cobalt processing plant in Yuma, Arizona, to supply a million batteries annually. It explores the financing benefits, subsidies, and the expected impact on the local economy in terms of revenue and job creation. The importance of cobalt in EV batteries and its role in thermal regulation, energy density, and performance is also highlighted.
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