TOKYO -- Japan's Mitsubishi Materials aims to become a producer of cobalt with a new operation in Chile that would diversify the supply of a metal vital to electric vehicles, Nikkei has learned.
Materials
Japan's Mitsubishi Materials aims to start cobalt production in Chile
Move would diversify supply chain of metal important for making EV batteries
Most of the world's cobalt comes from Congo. Japan's Mitsubishi Materials aims to introduce a new production method at a Chilean copper mine. © Reuters
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