CLA - Cobalt related news, page-2972

Did some research last night and this morning and found this:
- Back in September 2015, Katanga Mining announced that it would suspend operations at their Copper/Cobalt mines in the DRC for 18 months.
- Additionally, Chinese companies were buying up DRC Copper/Cobalt assets (China Molybdenum buying up a stake in Tenke Fungurume mine) at around the same time in 2015 / 2016. That info is buried inside this article from July 2016.
- Here is the Cobalt historical price chart from 1st June 2015 - 1st June 2017:

- As you can see, the price started to move up at around June 2016, and really started to pump in early 2017.

- Now, fast-forward to the present. We have Glencore shutting down the Mutanda Mine for 2 years.
- Earlier this year in January, it was reported that China Molybdenum increased their stake in the Tenke Fungurume mine from 56% (2016) to 80% (2019).
- The recent Cobalt price chart looks like this:


The recent events are strikingly similar to what occurred in 2016, just before the price increased in 2016 - 2018. Are we now witnessing the foundations being laid for the next Cobalt bull market starting from end of 2019? If this is true, the price swing will be even wilder than back then because the demand situation has changed. The traditional "industrial" demand for the metal (eg. superalloys) is constant, but demand from batteries would have increased significantly.