CLA - Cobalt related news, page-939

First 939 Last

Share
Profile

Follow
MrMustard

2,221 Posts.

135

18/07/18

09:35

Post #: 34411611
Share

Originally posted by ans25 ↑

https://investingnews.com/daily/res...f-cobalt-in-batteries-risks-and-supply-chain/

Anthony Milewski: Why Cobalt Still Has a Bright Future

Priscila Barrera - July 16th, 2018

The Investing News Network caught up with Anthony Milewski, CEO of Cobalt 27 Capital, at this year’s Lithium Supply and Markets conference to get more insight on the cobalt market.

The Investing News Network caught up with Anthony Milewski, CEO of Cobalt 27 Capital (TSXV:KBLT), at this year’s Lithium Supply and Markets conference to get more insight on the cobalt market.
Speaking about cobalt supply, Milewski said he expects a number of cobalt projects to come on stream in the next few years, which will help supply the demand from the electric car sector.
“The key risk from my perspective is not price, it’s not “is there enough cobalt?” Instead, it’s just simply risk associated with concentration and concentration in a difficult place —namely the Democratic Republic of Congo (DRC),” he added.
Most of the world’s cobalt production is mined in the DRC, a politically-unstable country where mining has been often linked with human right abuses and child labor.
“I think that the industry is going to have to develop a solution for monitoring cobalt all the way back to really the first shovel of dirt in order to give confidence to the entire supply chain that we’re not actually putting this conflict cobalt into our devices,” he said.
Milewski also shared his thoughts on the ongoing debate over a change in technology and chemistry in lithium-ion batteries.
“I think it’s much ado about nothing, so much air time and noise gets given to this topic but if you actually are able to sit down with battery makers and really talk with them off the record, we hear the same thing over and over and over again which is the overwhelming majority of CAPEX is going into the nickel–manganese-cobalt (NMC) battery,” he said.
Cobalt 27’s CEO also mentioned some of the factors that cobalt-focused investors should keep an eye out for in the next few months.
“If you’re an automaker and one of your competitors, whether it’s directly or through the battery maker, secures its basic material, raw material needs, I think it starts to put pressure on you and so, I anticipate that one of the drivers of interest for Q3 and Q4 this year is going to be long term agreements from battery makers and carmakers starting to come into the market,” Milewski said.
Listen to the interview above to learn his thoughts on electric cars, cobalt recycling and what’s ahead for his company in 2018. And don’t forget to check out the Investing News Network’s other Lithium Supply and Markets conference interviews.
Don’t forget to follow us @INN_Resource for real-time updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Expand

say no to #ConflictCobalt

say yes to #CuddlesCobalt

CLA Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

There are more pages in this discussion • 2,521 more messages in this thread...

First 939 Last

Add CLA (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $28.28M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.1¢	$15.17K	1.345M

Buyers (Bids)

No.	Vol.	Price($)
22	11921444	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	680175	4

View Market Depth

No.	Vol.	Price($)
22	11921444	0.010
9	2837441	0.009
5	1555074	0.008
3	878560	0.007
3	1240000	0.006

Price($)	Vol.	No.
0.011	680175	4
0.012	1489134	4
0.013	5038663	10
0.014	1380100	4
0.015	2733666	4

Last trade - 14.34pm 28/10/2024 (20 minute delay)

CLA (ASX) Chart

CLA - Cobalt related news, page-939

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

CLA - Cobalt related news, page-939

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

The Altcoin Landscape (Part 1): Key alternative cryptocurrencies to watch

Finance school vs reality: What they don't teach you about the stock market

'We're looking': Nickel-rich Indonesia sounds graphite warning to Aus producers

Making money: How many microcaps should be in an investor's portfolio?

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News