Cobalt Shortages Driven by Congo Curbs Seen Lasting Through 2030

The ongoing cobalt shortage underscores the vulnerabilities in the global supply chain, particularly as nations and industries strive to transition to greener technologies. The Democratic Republic of Congo's control over cobalt production places it in a powerful position, but the restrictions may also catalyze efforts to diversify sources and invest in alternative materials. Stakeholders must navigate these challenges carefully to ensure sustainable growth in the electric vehicle market.