Cobalt produced by China's Lygend Resources in Indonesia skirts Trump tariffs

LONDON (Reuters) - U.S. firms are buying cobalt metal produced in Indonesia by China's Lygend Resources that does not incur the tariffs placed by the Trump administration on imports direct from China, three sources with direct knowledge of the matter said. U.S. President Donald Trump has imposed extra import tariffs on Chinese goods since taking office in January, as well as placing levies on key trading partner Canada, another key source of cobalt, used in aerospace, for the U.S. Lygend's cobalt metal production in Indonesia pre-dates the latest tariffs, industry sources say, with cobalt produced by the group in the...