The worldwide cobalt provide chain is bracing for the influence from the closure of three of China’s largest processing factories in jap Zhejiang province in response to an outbreak of COVID-19.
Provincial authorities shuttered greater than a dozen large factories within the space in response to the detection of 173 locally-transmitted COVID circumstances final week, in accordance with Reuters. Whereas these numbers could appear low in comparison with different international locations, China’s pursuing a “Zero COVID” coverage and infrequently employs excessive measures in response to even the slightest unfold of an infection.
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