The US & European markets are where COB will need to get a slice...

The US & European markets are where COB will need to get a slice of the pie. Hopefully we will have some contracts signed with the Japanese partner for the Kwinana refinery soon. This should open the door to supply IRA & ESG approved material to the US market as a starting point since this would need to be done via a trading house regardless. Plenty of new plants coming online in the next few years that will need cobalt. Panasonic and LGES are putting their main focus on nickel and cobalt cathode chemistries for EV cells. DYOR.

LGES to supply Toyota with batteries, invest $3 billion in US plant
Reuters October 5, 2023 (Link above)

"The agreement with Toyota means LGES now will supply batteries to five top automakers, including Stellantis (STLAM.MI), Hyundai (011760.KS) and Honda (7267.T), from its eight jointly operated and wholly owned North American plants."

"Toyota said in August 2022 that it planned to triple its investment to $3.8 billion in a new North Carolina battery plant it will operate with longtime partner Panasonic (6752.T) through the companies' Prime Planet Energy & Solutions (PPES) joint venture. The plant is slated to open in 2025.

LGES will supply Toyota with 20 gigawatt-hours of high-nickel NCMA pouch-type battery cells and modules annually from the Michigan facility. That's enough to supply more than 250,000 EVs a year."