I wonder that about how fast EV adoption will be too. I'm heavily invested in COB so have probably been focusing on articles that hype up how big EVs are going to be because it's what I want to believe, but when I stop and contemplate it I actually don't know anyone that has an EV. The closest is people saying oh I took one for a test drive and I'm definitely going to get one in the future.
What do people think about articles like the one below? It makes me feel like I'm gambling on Cobalt prices but really don't actually know what the outcome will be.
https://business.financialpost.com/...hink-cobalt-and-lithium-prices-are-overcooked
"In the case of cobalt, supply will exceed demand by 652 tons this year, and that will widen to 20,842 tons next year, Wood Mackenzie Ltd. forecasts. The surplus is expected to send prices tumbling to an average of US$62,502 a ton in 2019, down 23 per cent from the forecast for this year, according to the London-based research and consulting firm. By 2022, the price will average just US$44,585."
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