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Visit McKinsey to read the article.
“In essence, to realize the strong growth prospects of the lithium and cobalt industries, all participants—from mining companies to battery and automotive OEMs to financial players—will need to understand the battery value chain as an ecosystem and work with each other to provide transparency and agreement on key areas, such as battery technology, supply-side growth, and pricing mechanisms, to ensure the new era for battery raw materials is truly golden and not just gilded.”