A jump in demand for traditional lead-acid car batteries and lingering freight problems have created shortages that have been felt most acutely in the huge US automotive sector.
Company approved the final construction and development of its cobalt operations in the US state of Idaho, with the first production expected in mid-2022.
Pedro Castillo has pledged to give a voice to Peru's "forgotten" rural groups and redistribute mineral wealth in the world's second-largest producer of copper.
Country plans to invest a total of 6 billion euros in new capacities for electricity production by 2040 as it seeks to phase out coal-fired power plants.