Thanks for posting the link @Rupfel. I also note that Elon Musk...

Thanks for posting the link @Rupfel. I also note that Elon Musk declared his ambitions to make cobalt-free batteries. In addition, the recent Stallantis presentation showed a slide that stated "Nickel-Cobalt Free" (instead using manganese, iron and lithium) [see image below]. So, it seems the ramp up to massive European EV rollout in 2024/2025 and onwards is not dependant on cobalt. At least, if cobalt supply and ESG issues were a problem, these massive car companies have other options up their sleeves.

Also, the 5-year binding off-take agreement with LG from 2025 suggests that Lithium will be key to BEVs until at least 2030. That's a good vote of confidence that the mineral won't be superseded for at least the next decade. That's enough time for long-term investors to hopefully enjoy significant share price upside from here. If Vulcan can expand their resources and secure more binding agreements, then the upside could be very exciting.

Of course, there's always risk. DYOR