RE:RE:RE:RE:RE:Cobalt is upNo need to mince words here. The writing is on the wall and is as good as it gets. Top it off with geopolitics, CM agreements Canada USA and EU, manufacturers of all kinds jumping on and advising final electrification production plans over next 5-10 years.....in spite of supply concerns / risks, it's endless. And here sits FT and the Nico deposit that holds it all and then some with enough gold to pay for it all ......and how many mines are ready to go especially in NA? If this keeps up we will come to a point where some group may say that they don't care about the cost, it's going to be about security of good ethical supply. Maybe we are missing something but I doubt it. after kirks visit to space if you will and his comments on his return, lambasted across international news, climate driven scenarios will not be slowing down....FT is ripe for success in mutilple forms and scenarios none of which in my opinion includes it sitting there and doing nothing....the great disconnect will come to an end.
"...The International Energy Agency has a warning for the warming world: Build more mines or the energy transition will slow down.
Projected supplies of key minerals, such as lithium, cobalt, nickel and graphite, are inadequate to what the world will need for a major energy transition, befitting "a world of gradual and insufficient action on climate change, raising the risks of supply lagging behind project demand in climate-driven scenarios," the agency said Oct. 13 in its second-annual World Energy Outlook.
In 2021 some of the metals needed for producing clean energy technologies, like copper and lithium, have experienced bull runs in price. At the same time, manufacturers of solar panel systems and wind power equipment have reported significant price increases of their raw materials. Carmakers are investing in novel alternatives like battery recycling to secure their supply chains."...