Battery materials on a tear.... cobalt up another 3.5% overnight!:
Copper price is also holding up nicely at that high price of USD$7800/t - USD$7900/t. Reasonable to assume that that price will hold as it's been hovering at that level for about 2 months now.
At this point, we don't even need cobalt to be anywhere near historically high prices to get a successful SS. Just take this slice of time and use it as a reasonable commodity price estimate. Copper price was mostly below USD$7000/t when cobalt hit its last peak at around first-half 2018.
Now, having both commodities at a high price must surely have a significant impact on the viability of the project, even though both are not at "historical highs".
CLA - Cobalt related news, page-3413
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