[electric car raw materials rush war GM finalizes Glencore Australia Cobalt Mineral Energy] as global car companies take electrification as the direction of transformation, locking the production capacity of key battery materials in the coming decades as soon as possible has become the top priority of the auto industry giants. General Motors disclosed on Tuesday that it had signed a "multi-year" cobalt supply agreement with mining giant Glencore, although the company did not disclose the size of the raw materials it had locked in.