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Glencore secures five-year deal to supply cobalt to Samsung SDI

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LONDON (Reuters) - Glencore signed a five-year deal to supply battery maker Samsung SDI with up to 21,000 tonnes of cobalt, the miner and trader said on Monday.An expected boom in demand for electric vehicles has pushed battery and car makers to clinch supply deals for key raw materials such as cobalt. In the last year, Glencore has agreed cobalt supply deals with battery maker SK Innovation ,..
Date Published: Feb 10, 2020
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