Why Apple Wants to Buy Cobalt Directly From Miners

Apple is negotiating to buy cobalt directly from mining companies to secure its supply for iPhones and iPads, amid concerns about rising demand from electric vehicle batteries. This move is unprecedented for Apple, as the cobalt market has been relatively small and stable. The company is considering deals with major mining firms like Glencore and Eurasian Resources Group. The Democratic Republic of Congo, which produces a significant portion of the world's cobalt, plays a crucial role in this supply chain. Apple's strategy involves securing large-scale agreements rather than dealing with smaller mines individually.

What are the potential challenges Apple may face in securing cobalt?

How does the cobalt market in Congo affect Apple's supply chain?