Pertinent market/industry news/articles, page-93

Translation? ‘VW risks losing some existing customers to other automakers who have either cobalt/nickel supplies on hand or have made agreements with suppliers.’

Lesson for other automakerss & VW?
Buy cobalt or nickel on the open market or get a supply agreement with a producer, perhaps even show some foresight & invest in a cheap, multi decade, deposit of nickel & cobalt in a safe operating environment free from child etc labour which will ruin your corporate image. ( ARL ).

VW is still re-building their image after ‘diesel gate’ & buying cobalt which children are forced to either dig up or go hungry certainly won’t help them do that.

https://in.reuters.com/article/cong...monitors-killings-note-idINKBN1I301O?rpc=401&

Congo cobalt could very well all but dry up for at least a few years as far as the big auto & electronics makers, including of course battery makers, are concerned.

The odds of a serious cobalt crunch are increasing by the day now- & no, there is no replacement for the next number of years- after we are in production ourselves & years after we may be selling to BHP or another third party processor.

No, cobalt at or over US$100,000 a tonne will not change any of that- it will encourage more investment in to alternatives but it won’t be enough to buy a magic genie which can do it over night.

I for one don’t care whether I’m right or wrong about the long term for any company, ( 10 year plus time frame ), all I care about is whether or not it’s SP will improve from where I bought it & ARL has been & I’m sure will continue to be my best ever investment. Bigger money has shown that even $1.50 is cheap here so....