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Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).


TSXV:JRV - Post by User

Comment by heworim392on Oct 26, 2021 3:02pm
88 Views
Post# 34051605

RE:RE:The move away from Cobalt speeds up! 4960 cells in 2022

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/

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