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Glencore’s CEO Warns Western Automakers About China’s Control of Congolese Cobalt

Headquarters of the Swiss commodity trading giant Glencore in Baar, central Switzerland. Fabrice COFFRINI / AFP

The CEO of the world’s largest cobalt mining company issued a stern warning to U.S. and European automakers that they had better get their acts together to secure supplies of this precious metal or else risk becoming dependent on China for batteries to power their electric vehicles.

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