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Title: News: Apple in talks to buy its cobalt directly from the mining companies Post by: HCK on February 21, 2018, 04:05:24 pm News: Apple in talks to buy its cobalt directly from the mining companies
(http://assets.ilounge.com/images/uploads/Cobalt_Mine.jpg) Apple is looking to buy the cobalt used in its batteries directly from the mining companies who dig it up, Bloomberg reports. Apple is one of the largest consumers of the metal—used in the batteries that power its gadgets—but is looking to go directly to the source for the first time amid rising competition from the burgeoning electric vehicle industry. People familiar with the matter said Apple is trying “to secure several thousand… Source: News: Apple in talks to buy its cobalt directly from the mining companies (http://www.ilounge.com/index.php/news/comments/apple-in-talks-to-buy-its-cobalt-directly-from-the-mining-companies) |