BASE METALS

China rumoured to be planning record cobalt purchase

‘It could be as much as 15,000t’

rough cobalt stone, extracted from africa. Heavy mining. Credit: RHJPhtotos.

Credit: RHJPhtotos.

China is reportedly seeking a record single purchase of cobalt for domestic stockpiles, potentially for use in military equipment, which comes amid a global surplus of the metal. "It could be as much...

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