OTCPK:KATFF - Post by User
Comment by
Sogosohubidu201on Oct 11, 2019 1:04pm
231 Views
Post# 30222615
RE:Cobalt demand is rising in China and ex-China 2019-23 - CRU
RE:Cobalt demand is rising in China and ex-China 2019-23 - CRUThe current demand for refined cobalt is around 120k tonnes per year. Using the average demand growth rate of 11.9% 2019-2023 for China and ex-China, that means: 11.9% x 120k tonnes = 14,280 tonnes of cobalt demand increase every year minimum. This number will increase further with the base getting bigger and bigger.