There is some risk assuming Cobalt mining will be highly profitable in a few years time.
When I searched for future battery technology a lot of alternatives to Li-Ion are described. Cobalt is used in about half of the major types of Li-Ion batterie. As soon as Li-Ion is superseded, then Cobalt demand will take a plunge.
According to Mac Bank, Cobalt's price will peak in about 6 months time. But I didn't check how they predict supply and demand. See https://www.*.com.au/commodity-price-forecasts-cycle-macquarie-2017-10
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |