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Electric-vehicle surge sends cobalt prices soaring Already a shortage of semiconductors is slowing the recovery in auto production (Bloomberg)Premium Yang Jie , The Wall Street Journal China controls big chunk of market for key metal in car batteries that is mined largely in Africa Share Via Read Full Story A 20% rise in the price of cobalt since the beginning of this year shows how the rush to build more electric vehicles is stressing global supply chains. Already a shortage of semiconductors is slowing the recovery in auto production. Now cobalt, a blue metal that is needed for many types of batteries including those in EVs, is a concern, according to people in the auto and battery industries and analysts. ....