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.
Source: indiatimes.com