[BB] Apple in Talks to Buy Cobalt Directly From Miners

PC hardware related news and discussion

[BB] Apple in Talks to Buy Cobalt Directly From Miners

Postby Blín D'ñero » 21 Feb 2018, 20:00

Apple Inc. is in talks to buy long-term supplies of cobalt directly from miners for the first time, according to people familiar with the matter, seeking to ensure it will have enough of the key battery ingredient amid industry fears of a shortage driven by the electric vehicle boom.

The iPhone maker is one of the world’s largest end users of cobalt for the batteries in its gadgets, but until now it has left the business of buying the metal to the companies that make its batteries.

The talks show that the tech giant is keen to ensure that cobalt supplies for its iPhone and iPad batteries are sufficient, with the rapid growth in battery demand for electric vehicles threatening to create a shortage of the raw material. About a quarter of global cobalt production is used in smartphones.

[...]


Read full article at source (bloomberg.com)
Gaming PC: * Intel i7 4790K * Noctua NH-D15S * Asus Maximus VII Hero * 32 GB Corsair Dominator Platinum CMD32GX3M4A2133C9 * 2× Sapphire Radeon R9 290 Tri-X in crossfire * Dell U3010 @ 2560 x 1600 / 60Hz * Corsair AX 1200W * 7 x WD Black HDDs * Creative Soundblaster ZxR * Asus DRW F1ST * Corsair K95 RGB * Corsair M65 PRO RGB * Steelseries 9HD * Coolermaster STC T01 * Edifier S530 * Sennheiser HD598 * Windows 7 Ultimate x64 *

Workhorse PC: * Intel i7 2700K @ 4.8 Ghz * Noctua NH-D15 * Asus Maximus IV Extreme-Z * 32 GB Corsair Vengeance Pro CMY32GX3M4A1866C9 * Sapphire HD7970 crossfire * 3 x Dell U2410 @ Eyefinity 5760 x 1200 / 60Hz * Corsair HX 1000i * 7 x WD Black HDDs * Creative Soundblaster ZxR * Optiarc AD 5240S * Steelseries 7G * Razer Imperator 2012 * Steelseries 9HD * Coolermaster STC T01 * Edifier S730D * Windows 7 Ultimate x64 *

Workhorse PC 2: * Intel i7 920 @ 3.8 Ghz * Zalman CNPS9900A LED * Asus Sabertooth x58 * 24 GB Corsair Vengeance LP 1600MHz CL9 DDR3 * Sapphire R9 280X Vapor-X * Dell P4317Q * Corsair HX 850W * 7 x WDC WD1002FAEX * Creative Soundblaster Z * Optiarc AD 5240S * Steelseries 7G * Razer Mamba TE * Steelseries 9HD * Coolermaster STC T01 * Logitech Z-2300 * Windows 7 Ultimate x64 *
User avatar
Blín D'ñero
Site Admin
 
Posts: 7612
Joined: 17 Feb 2008
Location: Netherlands

Return to PC Hardware News

Who is online

Users browsing this forum: No registered users and 1 guest

cron