CATL takes stake in China Moly cobalt mine for $137.5 million

(Reuters) - Chinese battery maker Contemporary Amperex Technology Co Ltd (CATL) said on Sunday its subsidiary would take a stake in China Molybdenum Co’s Kisanfu copper-cobalt mine in the Democratic Republic of Congo (DRC) for $137.5 million. The investment gives CATL access to one of the world’s largest undeveloped sources...