TSXV:FCO.H - Post by User
Comment by
DRYOASISon Apr 11, 2017 9:53am
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Post# 26105830
RE:Cobalt..Tesla's weak link
RE:Cobalt..Tesla's weak linkGreat article, Sumitomo gets cobalt from a JV with the Coral Bay Nickel project in the Philippines, they only produce 1500 tpy form the info I find on the web. If Tesla needs anywhere from 7000 to 15750 tpy as stated in this article, you can see the urgent need to establish a North American cobalt supply. I think the race is on for raw materials between Sumitomo/Panasonic/Tesla and the Chinese EV battery companies.