Full article:
https://www.moneymorning.com.au/20181005/demand-for-cobalt-in-batteries-is-set-to-continue.html
Take away(s):
'Meanwhile, Australian Mines have 10 battery making firms in discussion, according to Managing Director Benjamin Bell. Their Sconi project is also underway with firms from Germany, Japan, China and South Korea to cement its take off. Sconi is set to produce 2,500 tonnes of cobalt after production begins in late 2019.'
'On Friday, Aeon’s Queensland project raised $30 million from institutional investors.'
Opinion:
BB is shopping Sconi around... bring on the BFS and a couple of offtake agreements would be nice.
Some "smart" money is getting into the Australian cobalt space.
DYOR
Demand for Cobalt in Batteries is Set to Continue
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