Cobalt is really on the nose at the moment , which I don't think is helping MTC . Like I've said before. I think this is all part of the cycle where the big players down play cobalt in the role of lithium batteries, then in a few months there will be a report come out saying how much of a shortage there will be for the next X-amount of years and cobalt will go through the roof.
Elon Musk's comments about already being close to having a cobalt free battery were strategic IMO. The "mad inventor" claims to have solved the cobalt problem and immediately the cobalt price tanks
He's saved himself 10s of millions from just a couple of tweets.
Cobalt is really on the nose at the moment , which I don't think...
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $29.97M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $2.151K | 15.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 84063 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 54153 | 4 |
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| Last trade - 15.08pm 30/07/2025 (20 minute delay) ? |
| MTC (ASX) Chart |