Like your thinking @Jskl76.
Just to add to your argument, look at China's largest Cobalt producer (and top-5 worldwide) Huayou. In the doldrums for over 2 years, just like CLA, and now establishing new all-time highs
and that after they had to give up on the DRC
https://www.ft.com/content/ce9af944-fb70-4576-88d0-dc76821facfd
CLA - Cobalt related news, page-3369
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