Thanks TS.
I have wondered also about the ethics of all this.
I think Ardea is an extremely ethical investment for 3 reasons.
1. ARL, like heron before it, has maintained very good relations with the local indigenous community, and contributed to welfare programs.
2. Battery technology will contribute to making the planet cleaner, and this will have the biggest impact in developing countries.
3. DRC will always be the biggest player. But if it had a monopoly, there is no incentive to reform. If people pay a premium for ethical cobalt, that will be an incentive to normalise work practices in DRC. Cobalt is the future for those kids, and their best hope. Hopefully, cobalt will develop a healthy middle class society there. Geo-political factors may stall this, but nothing but external intervension (conflit) can change that. Let's hope competition drives the changes.
IMHO
BE
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