Yep supply and demand. I have no idea where the price of Cobolt will stabilise.
I must say that with stationary batteries the future probably lies with Vanadium Redox Batteries, however the real growth in battery demand will be in transportation and Redox Batteries cannot be used for this. So the future looks promising to say the very least. Demand for Cobolt will continue beyond supply for quite some time and of course that results in one thing, an ever increasing price.
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