The reality is that our world is facing a future shortage of the minerals required to make the transition to clean energy. Copper, arguably the most important energy transition metal, is facing a dire shortage. Copper consumption by green energy sectors globally is expected to jump fivefold in the next decade. And other important metals are also in short supply.According to a report by Wood McKenzie, mining companies will need to spend $1.7 trillion over the next 15 years to supply enough lithium, graphite, cobalt, and nickel to shift to a low-carbon world.Billionaire mining financier Robert Friedland, a client from my old investment-banking days, recently told me, “We’re sitting on a cliff with most existing copper mines suffering from declining grade and production while discovering and developing new mines is getting ever more difficult due to socio-environmental concerns and a lack of investment in exploration to find the next generation of long-life deposits. QUOTE
COB is in a strategic position, cobalt along with other minerals will see strong demand in the future IMO
https://www.thestar.com/business/the-dirty-truth-about-why-we-need-mining-if-we-want-a-cleaner-world/article_c7f890a8-8422-5563-bcc8-9b613f79c162.html
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The reality is that our world is facing a future shortage of the...
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Last
6.0¢ |
Change
-0.003(4.76%) |
Mkt cap ! $26.69M |
Open | High | Low | Value | Volume |
6.3¢ | 6.3¢ | 6.0¢ | $28.55K | 470.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3563 | 5.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 192730 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3563 | 0.059 |
6 | 201827 | 0.058 |
1 | 17543 | 0.057 |
3 | 84856 | 0.056 |
5 | 481234 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 192730 | 1 |
0.061 | 14740 | 1 |
0.062 | 10000 | 1 |
0.063 | 15555 | 1 |
0.064 | 72911 | 4 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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