The restart of the operation is fundamental to the cobalt market being able to supply the volumes needed by the battery industry to the mid-2020s, and even with the Mutanda operation back online, the market is expected to experience stock drawdowns and marginal deficits from 2023 onwards, says BMI.“Whilst it is yet to be seen how the market will react to the announcement, in Benchmark’s opinion the outlined production plan is unlikely to see oversupply in the market, with much of the material likely destined to be locked up in long term contracts with key consumers looking to secure supply.” QUOTE
Perfect time for COB to be sending out samples to 32 partners IMO.
https://www.mining.com/roskills-cobalt-cost-calculator-stable-turns-lower-in-2022/
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