OTCPK:KATFF - Post by User
Post by
fischerkuson May 04, 2019 2:15am
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Post# 29710090
Cobalt Metal Bulletin now on LME
Cobalt Metal Bulletin now on LMEThere is a new listing on LME:
https://www.lme.com/en-GB/Metals/Minor-metals/Cobalt-Metal-Bulletin#tabIndex=2
Price rose from 29.321 to 36.325 USD per tonne within one month --> + 24%
It seems the supplychain of EV market starts to secure that essential material, since VW Boss Diess does not deny the EV future any more
https://www.faz.net/aktuell/wirtschaft/unternehmen/konzernchef-herbert-diess-schwoert-20-000-vw-mitarbeiter-ein-16098944.html
and Tesla oficially talks about shortage of important materials:
https://www.reuters.com/article/usa-lithium-electric-tesla-exclusive-int/exclusive-tesla-expects-global-shortage-of-electric-vehicle-battery-minerals-sources-idUSKCN1S81QI?feedType=RSS&feedName=businessNews