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Apple may buy cobalt direct from mining companies, protecting both parties

Apple is reportedly in talks about buying cobalt direct from miners in a long-term deal set to span five years or more. The report is given weight by the CEO of one mining company confirming Apple has held discussions about cobalt, which is used in the lithium-ion batteries which power Apple devices.
There would be two benefits to Apple in striking such a deal …
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Update

from 9to5Mac http://bit.ly/2ELo5aU
via IOSCUBE

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