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There’s Only One Reason That Explains Why Chinese Companies Are Pumping Out so Much Cobalt: Politics

Chinese mining giant CMOC Group, or China Molybdenum, announced this week that it reached its full-year cobalt production target three months ahead of schedule. This would probably have been welcomed as good news in an earlier era. But in today's market, when the price of the blue ...

Commodity Supercycle Blues

The editorial board of Financial Times published an op-ed yesterday announcing a new commodities supercycle. They argued that the global pivot towards climate-friendlier technologies like electric vehicles is pushing demand for metals like cobalt, lithium and palladium (used in catalytic converters.) In addition, the Biden administration’s new commitments ...