The cobalt price is getting close to a bottom now and buying contracts should start to pick up from here which will be good news for COB.
in terms of future demand cobalt will be significant for years to come due to energy density. Whilst other technologies will compete in the future I can see cobalt to be relevant in many jurisdictions and automakers for some time forward due to its superior properties.
all my thoughts of course and good time to enter COB at this low end of the cycle.
COB Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
