RE:RE:RE:World No 2Stay focused on the big picture .... we are know where near over, FFS its elementary, growth of battery production let alone other uses will be required in nothing short of an exponential manner...from cobalt news....
"Put simply: cobalt stabilizes the cathode component of lithium-ion batteries, helping to ensure they do not catch fire. This is not something that battery manufacturers and end users want to take chances with. So, while Elon Musk has made big announcements about Tesla and its partners designing a battery without cobalt, Tesla also signed a considerable five year cobalt supply agreement with Glencore last year…Batteries may contain less cobalt these days, but in the future there will be considerably more batteries required, and thus the net amount of cobalt required will increase nevertheless…While the price appears to be settling and at the higher level, perhaps around the US$20 level, it also seems to be setting a new base and a platform for continued growth. Where a previous base stalled around US$13 to US$15, the new base might likely settle around US$18 to US$21…Another reason cobalt’s price trajectory is more sustainable this time is the focus on global economic recovery. With unprecedented stimulus programs being rolled out to establish a new global green economy in the wake of the COVID-19 pandemic, electrified transportation is at the heart of the new green reality."