Battery supply could be affected by DRC instability, page-2

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bluesamurai

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25/01/22

11:17

Post #: 59112233
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Originally posted by bluesamurai: ↑

Fitch’s experts point out that although there are a number of new cobalt projects expected to come online in the next decade, risks to the completion of these projects abound. They believe that since many of such projects are still in the pre-feasibility stage, especially in Australia, they may not reach fruition in the end due to a lack of funding or environmental opposition.Within this context, the research firm expects automakers and battery producers to increasingly look for creative solutions such as batteries that do not require cobalt and nontraditional sources of cobalt such as battery recycling and mine waste processing. “Indeed, in December 2021, Cobalt Blue signed an agreement with Australia to assess the potential for the recovery of cobalt and any coexisting base and precious metals from mine waste,” the report reads. QUOTE
COB in strong position to use creative solutions IMO

https://www.mining.com/political-instability-in-the-drc-may-affect-global-battery-supply-chain-report/

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https://www.australianmining.com.au/news/cob-not-letting-cobalt-go-to-waste/

COB Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
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Battery supply could be affected by DRC instability, page-2

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