https://www.cbc.ca/news/world/canada-critical-minerals-overview-1.6262406 Quote from the Article... (Note: not sure the reporter read the report or got the memo on Cobalt uses)
"There are things happening in Canada.
Like, this month, a new road is scheduled to open in the Northwest Territories and it's supposed to help access a cobalt-gold-bismuth-copper site discovered in 1996.
It's projected to reach a peak annual production of 2,000 tonnes of cobalt per year, which would single-handedly add more than one per cent to total global output."
Dominance wasn't built in a day
Turpin said it might make sense, at most, for U.S. allies to build a strategic stockpile to draw from if China ever temporarily suspended supply.
Yet diversifying and expanding supplies will be a global priority for the foreseeable future. It'll just take a while, Miller says.
"Chinese dominance has been built piece by piece, over time. And that's been our choice to not actually choose to push back," he said.
"It took the Chinese a generation to achieve dominance over critical minerals. And it's going to take probably two generations for the West to rebalance the equation."