Cobalt supply insufficient for EV battery demand., page-7

The graph below depicts the true infancy of the EV market in Europe (not withstanding the rest of the world). With an increasing number of countries (such as Italy) pushing to become EV leaders in this emerging space, it's really a no brainer to realised that the current supply of Co is simply not adequate to meet the forthcoming demand.


https://www.bloomberg.com/news/arti...-go-worst-to-first-in-e-cars-price-10-billion

"The populist government in Italy, Europe’s most sluggish market for electric cars, has a big-bang plan to put 1 million of the vehicles on the nation’s roads."

"If the 1 million-car target has a flashy, campaign-style ring to it, that’s because Di Maio unveiled it at a campaign stop last year, as he toured Sicily in an electric Nissan."

IMO it's not a matter of  "if" but "when" the  rest of the world realises that Australian sourced cobalt IS the answer to this global Co supply shortage!

My 2cents,
JDI.