Katanga Mining Ltd Ord KATFF

You are all right to some extent ....

[ch1nmuzak]

One indisputable fact is that KAT will make tons of $ in the short and mid term while this plays out ;0). in the short and mid term ( up to 5 years), Co will b the mot scarce element required to produxe most batteries. It price will therefore skyrocket. Likely to steady state levels in excess of $100. Who knows ... before a viable alternatove is found and becomes mass marketable ... the price might even get so higj as to make it economic to mine Co for itself. Although this seems unlikely. What it will do is make some marginal Cu and Ni deposits now viable/ profitable mines due to the more sizable secondary income from Co. I If the world economy goes into the tank prior to an alternative appwaring amd base metal peice slump appears ... the Co supply situation will become REALLY dire. The higher Co prices go, the more aggressively alternatives will be researched and more rapidly one will come to market. Eventually Li+ Co based battery technology will b replaced by alternatives that are both safer and based on cheaper constituent elements. New Zinc based cathode batteries are the most likely to replace Li / Co in EVs due to the fact Zn is the third most common base metal element, its therefore far cheaper, and its safer. The military is already piloting them on subs for safety/ relisbility reasons. This alternative route thetefore makes the most sense to invest industrial engineering testing and design effort into. The other alternative for green vehicke transport no one seems to b talking about anymore due to its transport and other safety + technical challenges is hydrogen ... one of the most common elements we have and one that can provide way more power per lb of vehicle fuel/ propulsion constituents weight. If they can figure out a way to transport hydrogen at lower pressures ( = lighter fuel cells / safer ) .. it would make EVs entirely obsolete. From a pure energy conversion efficiency and power / distance travelled per lb of "fuel" .... hydrogen has long been the hands down winner. Its just the most difficult technology to industrialize safely.