Tesla was number one in terms of battery capacity deployed, accounting for 1 out of every 5 MWh hitting roads during the month and also led in the deployment of lithium, nickel and cobalt, as its China-made models fitted with NCM cathodes (as opposed to NCA used in the US which uses less cobalt) experienced strong sales.Benchmark Mineral Intelligence price assessments showed month on month increases in prices of all four commodities making up the index, with cobalt now up 32% year to end November 2020.The Benchmark cobalt index price exceeded $40,000 a tonne in November for the first time since February 2019 and continued to climb into the new year. That lifted the cobalt sub-index to a monthly record, despite the fact that prices are still 60% below levels seen early 2018.Compared to the same month last year, the overall EV Metal Index has doubled to $332.9 million and at $2.1 billion year-to-date, is already within shouting distance of the full-year tally of 2019. QUOTE
Strong growth expectations IMO.
https://www.mining.com/cobalt-price-rally-lifts-ev-metal-index-to-fresh-record-high/
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