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Each electric car battery requires about 10 kg of cobalt -- a fact that has dramatically increased the importance of the metal.   © Getty Images
Asia Insight

China's cobalt dominance meets blockchain-backed resistance

Technology could transform supply chain for electric car battery material

RURIKA IMAHASHI and NIKKI SUN, Nikkei staff writers | China

TOKYO/HONG KONG -- The equation could not be simpler. Electric cars are widely considered the future of the auto industry. Each electric car battery requires about 10 kg of cobalt. Control the cobalt supply, win the future. 

China, clearly, has done the math.

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