Fabled Silver Gold Corp T.FCO

EV Batteries and the Cobalt Debacle-Petersen

[notmuchmore]

"The bad news is I havent found any flaws in my hypothesis. The worse news is Ive concluded the short- to medium-term impacts on EV manufacturers may be catastrophic: 1.The worlds miners will not produce enough cobalt in 2016 to satisfy demand; 2.There is no reason to believe cobalt production will ramp at a pace thats adequate to satisfy expected incremental demand from EV manufacturers; and 3.When it comes to free-market competition for limited cobalt supplies, battery and EV manufacturers will be the most cost-sensitive class of cobalt users. - See more at: https://investorintel.com/technology-metals-intel/ev-batteries-and-cobalt-the-biggest-oops-in-the-history-of-supply-chain-management/#sthash.Wp6kotwC.dpuf