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EV makers confront risk of runaway prices for battery metals

New technologies and recycling could ease demand for lithium, cobalt and nickel

A nickel mine in Indonesia: Demand for the metal is forecast to soar.   © Reuters

TOKYO -- Makers of electric vehicles and EV batteries have staked claim to both supplies and alternatives to lithium, cobalt and nickel as fast-rising prices of these crucial metals threaten to soar higher in the coming years.

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