"This is a significant development, in that CATL, a China based global leader in the production of EV battery materials, is moving upstream in the supply chain to secure supply of battery materials," ASX-listed developer Sunrise Energy Metals (formerly Clean TeQ Holdings) said.


"It also supports the view that cobalt is likely to continue to be a very important component of EV batteries over the long-term."

Chinese in big cobalt deal

https://www.mining-journal.com/m-amp-a/news/1408072/chinese-in-big-cobalt-deal