Samsung SDI, Glencore sign cobalt deal
Battery maker secures 5-year supply from global cobalt miner Metal Tech News Weekly Edition – February 12, 2020
Last updated 7/2/2022 at 9:13am
Glencore Plc Jan. 10 announced that it has signed an agreement to provide Samsung SDI with a five-year supply of cobalt hydroxide, a key ingredient in the lithium-ion batteries used in electric vehicles, smartphones, computers and other electronic devises.
Under the terms of this supply contract, Glencore will provide up to 21,000 metric tons of cobalt contained in cobalt hydroxide between 2020...