Cobalt price improving, page-2

Cobalt's hopeThe FCA expects cobalt-based battery chemistries to remain the most advanced technology, especially for EV purposes, Sturmes said."As cobalt prices stabilize around increased production volumes, so should the economic viability of continuing to use cobalt," Sturmes said. "The consumer preference, driven by range anxiety, usually lies with longer range batteries, which traditionally contain cobalt."The possibility of sectors other than EVs using cobalt is on the rise, making investments feasible in the long run, Sturmes added."In light of cobalt being perceived as [a critical mineral] to both the EU and the US, we anticipate continued and even increased investment into the non-Chinese cobalt supply chains, ranging from investment in exploration, to mining, to processing and recycling," Sturmes said."In many conversations, especially in the US, the importance of cobalt for national defense purposes is gaining traction," Sturmes added. "Investment in mining is usually cyclical. In this instance, I believe that, due to considerations beyond profitability, investment will increase despite the currently weak price." QUOTE ,,,,, Thanks cryptyak for the new heading hopefully it will be well used this year.
COB is in the right place to be a market leader in the market IMO

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/metals/122723-oversupply-low-prices-for-cobalt-to-persist-in-2024-as-demand-slips#:~:text=Cobalt%20in%20abundance,plans%20to%20process%20the%20metal.