Yes this can only bolster the sector in that it's a pure investment play by a major corporate. Significant in that it sees EV adaptation as highly likely to occur and viable enough for it to not only acquire KDR for a good portion of a billion but to indicate it wants to apply its chemical/fertiliser/development expertise in developing the mine and hydroxide plant. Which will take another chunk of capital equal to or greater than the cost of acquiring the Mt Holland deposit.
Cobalt Demand, page-161
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