ASO 11.1% 1.0¢ aston minerals limited

China Looking For Non-DRC Cobalt

  1. 101 Posts.
    lightbulb Created with Sketch. 26
    Just saw this article trawling through twitter:

    China battery makers looking to get non-DRC cobalt, including Canada/Europe/Australia. Interested in taking stakes in overseas mines as well.

    I thought it was amazing Europe was building battery factories to have their own production inside EU, right on EUC's doorstep. But this will create a race to lock up supply now that China battery makers are looking to pivot to non-DRC cobalt.

    Huge news for EUC

    Direct Article:
    https://www.reuters.com/article/us-...ease-reliance-on-drc-for-cobalt-idUSKBN1D70GT
    Last edited by AMreidIt: 08/11/17
 
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