RE:RE:The move away from Cobalt speeds up! 4960 cells in 2022 Agreed. Cobalt prices are rising. Of course Glencore's Mutanda is ramping-up and will start production in a month. The big question is when other automakers follow suit and join Tesla and BYD, and go non-cobalt. Are we seeing a tipping-point now with rapid expansion towards non-cobalt? It is coming, that is clear; especially with Solid-state non-cobalt batteries arriving as early as 2025. The higher cobalt goes now, the more motivated everyone will be to ditch it. My guess it goes up slightly more to 65, then comes glencore which brings it down to $40/50. By 2023 you will see start seeing LPF, 4860, and the start of solidstates. That is when the huge cobalt crash will occur. Probably around 2024-28.
https://www.mining.com/worlds-cobalt-supply-deficit-is-shrinking-says-sp/