Glencore CObalt Blue Comparison, page-10

Noted that Toyota will stop supplying diesel cars to the European market. The VW deception on emissions and moves to ban diesels from cities will provide an extra upward push on electric vehicles.

Important that cobalt is reasonably available to the battery manufacturers to avoid switch to other technologies. Glencore/Katanga will provide a backbone in the supply chain. Estimate that Katanga will be processing around 20 million tonnes of ore pa [1.8% Cu and 0.38% Co] in 2019 to produce 300kt of Copper and 45kt of cobalt - no small task.

Plenty of demand if other car builders follow switch from diesel.