COB 5.00% 9.5¢ cobalt blue holdings limited

EVs demand for cobalt

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    2020.“Securing access to raw materials is crucial if the world is to achieve the sustainable and just transition to a greener future,” David Brocas, head Cobalt Trader at Glencore and chairman of the Cobalt Institute’s executive committee, said. “Cobalt’s role in batteries and recycling makes it one of the critical materials of a climate-neutral future.”Production in hands of very fewThe metal, a by-product of copper and nickel mining, makes up only 0.001% of the earth’s crust. Its appeal to EV makers comes from the fact that it provides batteries with energy density that increases the range of their vehicles and boosts their life.QUOTE
    COB as a primary resource is paramount IMO

    https://www.mining.com/electric-vehicles-surpass-phones-as-top-driver-of-cobalt-demand/
 
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