US considered purchasing cobalt for defense stockpiles last year to reduce reliance on China.
The US considered buying cobalt for defense stockpiles last year to reduce reliance on China, according to three sources familiar with the matter. The Defense Logistics Agency (DLA) may consider cobalt purchases in the future despite not including it in their latest stockpiling plans. Cobalt is essential for manufacturing missiles, aerospace parts, magnets for communication, and radar and guidance systems.
March 18, 2024
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