alt Hacker NewsWhat about cobalt? For the largest part of the market, tungsten carbide cutting tools, it's usually a composite of tungsten carbide and cobalt.
Thankfully, in most industries that use tungsten carbide, there is a lot of recycling of the material (though probably not enough.)
Like anything, it's a complex problem, with no easy answers.
FYI: https://www.npr.org/2023/12/14/1219246964/cobalt-is-importan...
tl;dr there's currently no overarching plan to help the US catch up to China, and we're going to let "the market" fix that problem. Being that "the market" in the US is about quarterly earnings reports and strategic bonuses for the C-suite, I'm keeping my expectations in check.