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China NiCoLi Summit 2021: Global cobalt market review and outlook in 2020-2023
May 21,2021 12:28CST
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Source:SMM
China's cobalt consumption structure shifted from traditional industry to battery industry, said Serafina Huo, cobalt senior analyst, SMM, citing the flow of cobalt raw materials in China shifted from alloys and magnetic materials to LCO and ternary batteries from 2000 to 2020, and the demand for cobalt from battery sector accounted for 57% in 2020.
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