One quote I like is that, “Whilst efforts are being made to reduce cobalt dependency, the order of magnitude of EV growth sales will far outweigh this”. And Bloomberg had a follow-up story saying "Within 10 years, there’s little prospect of cobalt-bearing batteries being usurped by other technologies". Also, that even though other vehicle makers hope to have batteries that reduce cobalt usage, "this will only have a material impact from 2022 onward".
AJM Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
