Cobalt price has been on a tear. Up more than 20% since the beginning of November. I think we're looking a new Cobalt bull run.
Let's also not underestimate the seemingly inconsequential news of the DRC government reigning in artisanal mining. If you recall, back in 2018, artisanal mining was one of the main factors that caused the cobalt market crash due to uncontrolled selling by desperate artisanal miners into an already falling or plateauing market. Here is an article about this latest development:
https://www.reuters.com/markets/commodities/congo-state-cobalt-monopoly-aims-start-buying-january-2021-12-02/
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