TSXV:FCO.H - Post by User
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DoekeGoudaon Aug 12, 2018 5:57am
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Post# 28446076
Increasing 40% demand cobalt and decreasing 40% price cobalt
Increasing 40% demand cobalt and decreasing 40% price cobaltRobert Ferris article one month ago: so the conclusion must be, longterm arrangements at the end of 2017?? Demand for cobalt in vehicle battery materials is expected to grow over 40 percent in 2018, according to U.K.-based cobalt trading firm Darton Commodities. Electric and hybrid vehicle adoption in China and Europe are expected to be significant contributors, and the production ramp of the Tesla Model 3 is projected to be the major driver of EV adoption in the U.S., Darton said in its annual Cobalt Market Review report published in February.