Guess much is dependent on how much cobalt that will come on stream to market. I guess that if substitute will occure (as I know there are already plans for it) it will be more nickel and less cobalt. More nickel usage is not a bad thing for us.
I guess cobalt also have other usage than for EV? https://pbs.twimg.com/media/DYxo-wKU0AEW2Ci.jpg
The demand/supply issue is hard to know much about, at least that is how i feel. But will there really be so much ethical and safe cobalt on market for 3-5 years?
News/Research articles, page-444
Add ARL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $79.87M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 40.0¢ | 38.5¢ | $17.98K | 46.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76960 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 72533 | 3 |
View Market Depth
| Last trade - 14.08pm 08/11/2024 (20 minute delay) ? |
| ARL (ASX) Chart |