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    Congo's Cobalt Tax Hike Threatens EV Market -

  • Date: 11 Jan 2018, 20:00
  • Description:

    Congo's Cobalt Tax Hike Threatens EV Market
    If also approved by the Senate, the new law will qualify cobalt as a “strategic commodity” and so the royalty on exports of that metal will increase to 5 percent from 2 percent. Taxes on base metals, in turn, would increase to 3.5 percent, Bloomberg ...

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