Fourteen NGOs oppose LME plans to ban tainted cobalt
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LONDON (Reuters) - Fourteen non-governmental organisations (NGOs) including Amnesty and Global Witness have opposed plans by the London Metal Exchange to ban cobalt tainted by human rights abuses, a letter seen by Reuters showed.Cobalt is a key ingredient in the batteries that power electric vehicles, a fast-growing sector of the auto industry, and in metal alloys used to make jet engines.It was singled out in LME proposals to embed responsible sourcing principles into metal brands deliverable..