The Prices of These Vital Metals are Soaring

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The Prices of These Vital Metals are Soaring

The Prices of These Vital Metals are Soaring

The prices of cobalt and tungsten have skyrocketed in recent months because of worries that supply of the vital metals may not be able to keep pace with demand.

Both are crucial to the functioning of the modern world: Cobalt is used in batteries for electric cars, laptops and cell phones, while tungsten goes into drills, military projectiles, golf clubs and automotive machinery.