Rarely mentioned are other markets for cobalt. Cobalt is a non-substitutable metal in high temperature super-alloys for jet aircraft engines, both civilian and defense. Likewise, it’s important in some chemical industry applications. As you can imagine, for a country like the United States, as the world’s largest manufacturer of advanced jet aircraft engines, almost 100% reliance on DRC mining and Chinese refining creates some supply chain vulnerabilities and strategic dependencies.
SRL Price at posting:
$2.47 Sentiment: Buy Disclosure: Held
