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Apple in Talks to Buy Cobalt Directly From Miners

Apple in Talks to Buy Cobalt Directly From Miners

Apple in Talks to Buy Cobalt Directly From Miners

Apple Inc. is in talks to buy long-term supplies of cobalt directly from miners for the first time, according to people familiar with the matter, seeking to ensure it will have enough of the key battery ingredient amid industry fears of a shortage driven by the electric vehicle boom.

Source: www.bloomberg.com/news/articles/2018-02-21/apple-is-said-to-negotiate-buying-cobalt-direct-from-miners

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