Manufaturers try to move away from Cobalt mainly due to its high price. I don't really buy the "ethical supplies" BS. You run business, the cheaper cost the better, don't be naive.
In longer term, purely from the pricing view, it actually slows down the need for above exit movement.
As long as Cobalt remains at an acceptable cost level for manufacturers, the general demand will be safely maintained at status quo.
Now for COB, the real long shot is how to financially present their Definite Investment Studies, feasibility studies..brabrabra... As they are all be based on the crucial price $$$ information available.
Reduce cost, Increase price (aim at very high end OEM) seem to be a quick solution on paper.The key is, the lower cost, the longer life for Cobalt applications (not just cars)
