Electric car boom prompts Apple to get serious about getting cobalt

Enlarge / Cobalt chips (credit: Alchemist-hp)

Apple may cut out the cobalt middlemen by obtaining supplies for its batteries on its own. According to a Bloomberg report, Apple is in talks with miners to buy long-term supplies of cobalt, a key ingredient in the lithium-ion batteries used in Apple's iPhones and iPads. Apple has reportedly been in discussions to secure contracts for "several thousand metric tons" of cobalt each year for at least five years.

If a deal comes to fruition, it...

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