Attendants of the annual PDAC event shared the collective realization that the world desperately needs more supplies of raw materials including those critical metals—lithium, nickel, cobalt and copper—needed for batteries, electric vehicles and cleaner technologies that are considered key in a global push to shift away from fossil fuel.Miners, battery manufacturers and automakers are racing to control more supplies of such metals amid looming shortages and skyrocketing demand from EVs. BloombergNEF expects that all known global reserves of lithium, cobalt and nickel—along with a huge contribution from metals recycling—could be exhausted if the world wants to zero-out road transportation emissions by 2050.“That’s the excitement at PDAC—the beginning of a massive bull run for metals and mining,” said Trevor Walker, chief executive officer of Fronter Lithium Inc., which has a project in northern Ontario. QUOTE
COB has the correct resource being sought after globally , the primary cobalt resource is of great value to the market IMO
https://www.mining.com/web/battery-metal-buzz-counters-financial-market-angst-at-minings-big-show/
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