It will rise much further. EV hangs on cobalt not lithium. Lithium is plentiful just the gap of processing needs to be filled. Cobalt is a byproduct, only around 6% of mines are purely cobalt and frankly they are in areas you don't really want to invest in ....Congo/Russia . Why is cobalt so important? Think of it as the fuel tank .....sure lithium gives you the power to move but how far do you want to go....
Ann: Cobalt Update - Carlow Castle Project, page-25
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