COB cobalt blue holdings limited
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Global battery and minerals supply chains need to expand...

  1. bluesamurai
    10,444 Posts.
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    06/08/22
    11:58
    Post #: 62961192
    Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report published by the International Energy Agency (IEA) has found.The report concludes the industry needs to build 50 more lithium mines, 60 more nickel mines and 17 more cobalt mines by 2030 to meet global net carbon emissions goals. QUOTE
    The critical year for being ready for high demand is 2025 , means that automakers must commit now to have supply ready for their requirements. Mines must comply with rigid ESG rules especially in Europe. COB stands out as the go to mine for cobalt as decisions are being made IMO.

    https://www.mining.com/hundreds-of-new-mines-required-to-meet-2030-battery-metals-demand-iea-report/
    COB Price at posting: 80.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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