Apple in Talks With Cobalt Mines to Secure Supply Chain

The video discusses Apple's unprecedented move to negotiate cobalt supplies directly with mines, highlighting the increasing demand for cobalt due to the rise of electric vehicles. It explains the significant difference in cobalt usage between smartphones and electric cars, and the challenges in ramping up cobalt supply. The video also covers global cobalt mining efforts, particularly in the Democratic Republic of Congo, and addresses ethical concerns and smuggling issues in the cobalt supply chain.

Why is Apple negotiating directly with cobalt mines?

• To improve battery technology

• To reduce production costs

• To secure long-term cobalt supply

• To diversify their product line

How much more cobalt does an electric car use compared to a smartphone?

• 2000 times more

• 1000 times more

• 500 times more

• 100 times more

What is cobalt primarily used for in batteries?

• As a conductor

• In the anode

• In the cathode

• As an insulator

Which country is the largest supplier of cobalt?

• Russia

• Democratic Republic of Congo

• Australia

• Canada

What ethical issue is associated with cobalt mining in the DRC?

• Land disputes

• Tax evasion

• Child labor

• Environmental pollution