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GM secures Aussie cobalt for batteries

Enters deals to source critical battery metal from Glencore Metal Tech News - April 13, 2022

In another deal to secure the raw materials it needs to produce enough Ultium batteries to power up to 1 million electric vehicles per year by 2025, General Motors struck a multi-year agreement to purchase cobalt from Glencore's Murrin Murrin operation in Western Australia.

A rare and critical metal, cobalt plays an important role in improving the energy density and longevity of the lithium-ion ba...

 

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