The cobalt market will remain well supplied until around 2025, when it is expected to shift to a structural deficit.“Demand growth of 10 percent CAGR is forecast to 2030, compared to 6 percent for supply,” according to the report. “With additional supply required to fill the widening forecast deficit, cobalt prices will move higher to incentivise investment.” QUOTE
As I have mentioned on previous posts 2025 will be the crunch year for cobalt all of the potential players assessing their raw materials requirements have to make decisions now to be able to cover their needs in the market IMO
https://investingnews.com/cobalt-institute-forecast/
The cobalt market will remain well supplied until around 2025,...
Add COB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
9.4¢ |
Change
-0.005(5.05%) |
Mkt cap ! $39.22M | |||
| Open | High | Low | Value | Volume |
| 9.8¢ | 9.9¢ | 9.3¢ | $67.26K | 707.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 134066 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.4¢ | 59500 | 1 |
View Market Depth
| Last trade - 14.01pm 30/04/2024 (20 minute delay) ? |
|
|||||
|
Last
9.4¢ |
Change
-0.005 ( 2.39 %) |
||||
| Open | High | Low | Volume | ||
| 9.7¢ | 9.8¢ | 9.3¢ | 259246 | ||
| Last updated 14.09pm 30/04/2024 ? | |||||
| COB (ASX) Chart |