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Cobalt, the major influencer across many industries
02-23-2019, 05:53 AM,
#1
Cobalt, the major influencer across many industries
From the market trends the demand for cobalt across the automotive industry has been observed to rise by 40% in 2018. The hybrid and electric vehicles in China and Europe are potential contributors. In certain trends the cobalt importers  worldwide are to face severe price challenges. Since the market study reveals a quadruple increase in prices. Another contributor is the Tesla model 3 production of US in which the EV adoption is the chief reason. Will the recent trends transform the metal industry?
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