The cobalt issue is a touch unique due to severe supply constraints and it's lack of presence as a stand-alone resource where most of the resources are defined. Further, Glencore has tied up supplies and Congo is having issues with ethical issues.The key as pie farmer mentions to identify the key metals in the battery industry and to gain an entry at approriate value. As an example Nickel is currently at lower prices while cobalt has bolted though nowhere near historic pricesd is still exposed to the hype which could make extremely attractive gains or losses. Lithium and graphite has risen and the market is beyond the hype and is focused on substance of sensational reporting.
The key is timing and to have an exposure to all the key metals if one is a believer of the future of battery technology.
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