Tesla locks in world’s largest cobalt supplier Glencore for Gigafactory Shanghai, Berlin

Teslarati
By Joey KlenderJun 16, 2020, 9:01 am188 pts
Tesla has secured a deal to purchase 12 million pounds of cobalt annually from Glencore, a Swiss-based company that is recognized as the world’s largest miner of the metal. The partnership will keep Tesla away from a possible supply squeeze of cobalt as more automakers aim to break into the EV sector in the…

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