Very
Interesting article, thanks for sharing.
A big thumbs up for the future of cobalt and more support to the idea that cobalt is unlikely to be replaced with another material in batteries any time soon, that is a very good thing.
Doing a little maths:
5 mins of googling suggests that VW made about a seventh of the worlds cars last year. Your article suggests they'll need around 30,000t cobalt by 2030.
30,000 x 7 = 210,000t cobalt for cars every year by 2030ish. Is that on top of the 100,000t cobalt already consumed annually? On top of the demand as commercial vehicles and other transport start going electric? On top of solar batteries? On top of the increases in the number of vehicles being produced?
Certainly looks like there could be demand for a company with a load of cobalt in the ground in a safe and stable place going into production in a few years.
Still a lot of exploring and scoping to do, but if all goes well then CLA could get increasingly exciting over the coming year or two.
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Very Interesting article, thanks for sharing. A big thumbs up...
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