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Ann: Cobalt Update - Carlow Castle Project, page-24

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  1. 2,323 Posts.
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    Cobalt Demand Set to Surge as Automakers Call for EV Battery Production in Europe

    Lots of commodities have lost ground, but a few have increased.
    Bitumen 47%
    Lithium 58%
    Steel up 75 %,
    Cobalt up 126%...a massive increase.

    As well, theres not many Cobalt deposits in Australia.
    If ARV can drill out a resource worth mining, the above article infers the price
    of cobalt is going to rise even further due to Chinese and European intentions.
 
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