OTCPK:KATFF - Post by User
Post by
JimmyBCon Feb 24, 2018 11:56am
391 Views
Post# 27614380
Cobalt is going no where but up, CNBC - no substitute.
Cobalt is going no where but up, CNBC - no substitute.Warning - do not sell your cobalt stocks- we are a year away from a massive shortage, Apple and major car companies will pay a premium to secure supply.
"There isn't a better element than nickel to increase energy density, and there isn't a better element than cobalt to make the stuff stable," said Marc Grynberg, CEO of materials company Umicore, in an interview with Reuters. "So (while) you hear about designing out cobalt, this is not going to happen in the next three decades. It simply doesn't work." https://www.cnbc.com/2018/02/23/why-companies-are-scrambling-for-the-once-little-known-element-cobalt.html