Automakers principal of self sufficiency

Auto companies are facing up the same problems today, compounded by the need to go electric, which means creating totally new metallic supply chains.While Ford worried about iron ore and rubber, his successors are battling supply crunches and soaring prices in key battery inputs such as lithium, nickel and cobalt.If “insane” lithium prices persist, tweeted Tesla CEO Elon Musk, the company “might have to get into the mining and refining directly at scale.”He’s not the only automotive executive thinking about minerals self-sufficiency.“Henry Ford … was right,” according to current incumbent CEO of Ford Motors F.N, Jim Farley. “The most important thing is we vertically integrate.” The company intends to take control of its supply chains “all the way back to the mines.” QUOTE
COB must be in top automakers in tray IMO

https://www.mining.com/web/column-automakers-go-back-to-the-future-to-secure-battery-metals/