Cobalt is the new oil. Car companies and battery manufacturers are all rushing to secure multiyear contracts with mining companies for their lithium-ion batteries. According to a Bloomberg report, Apple is also participating in this game as the company wants to secure its long-term supplies.
The company has never done this before with cobalt. #apple #cobalt http://www.viralleakszone.com/apple-could-be-buying-cobalt-from-mining-companies-directly/