There is only one country that you could get cobalt supply from...DRC.
Have a look at CLQ and ARL's chart, thats because of a mssive capex for Ni CO laterite deposits = no bank would fund $1.5B+ capex.
DRC cobalt is the key for EV batteries, there is no turning back for below companies.
VW invest €54,000,000,000.99
Ford $22,000,000,000.99
GM $29,000,000,000.99
Renault, Nissan and Mitsubishi €25,000,000,000.95
Kia, Honda and Hyundai $12,000,000,000.34
Bosh $4,000,000,000.68
Jaguar Range Rover $18,000,000,000.21
Tesla
Good DRC cobalt acquisition = a bag or 2 near term and multi bags mid term, easy to raise funds too.
IMO DYOR
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