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China's CMOC cobalt output jumps 174% in 2023, Auto News, ET Auto

Swiss-based producer Glencore, which had been the top producer, gave 2023 cobalt output guidance of 34,000 to 42,000 tons in its third-quarter production report. CMOC is among the Chinese-owned companies aggressively expanding cobalt mining in the Democratic Republic of Congo (DRC). The metal is chiefly used in electric vehicle batteries, the aerospace and chemical sectors.
Democratic Republic Obalt Output Electric Vehicle Batteries V Batteries

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