Came across 'The Assay' magazine today, thought it might be of interest given this copy is called the Battery Materials edition. Has a number of interesting articles on Cobalt and Lithium, as well as a number of Australian and international Company Profiles.
Several companies are developing their own processing techniques. What are the risks associated with this approach and how does it impact their ability to raise project finance? (page 40)
Any “black box” technology is risky as much of it is proprietary and will remain so in order to protect a company’s competitive advantage. These companies must prove that their technology can be scaled up, though the ultimate size of production depends on the size and flexibility of the company’s balance sheet.
Despite the high prices buoying the market currently, the attached magazine states a processing technology can succeed and is necessary, certainly for new entrants into the [Cobalt] market to compete.
More importantly, these technologies save time and capital and are therefore of interest, but must be proven to be scalable.
The above is very relevant to the recent MOU between Cobalt Blue and Havilah Resources:
In a nutshell: cobalt has a new and massive source of demand in the form of the #ElectricVehicleRevolution (along with energy storage systems).
Cheers
These are only my random (green) thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional expert
