supply chain is a masterpiece or an utter mess...dealbreakerThe conundrum is about the supply chain. The real question is about Cobalt availability. Where in the world do human beings find Cobalt? The main source is from the Democratic Republic of Congo. Is FFC totally relying on Glencore mined Cobalt from the DRC? I am trying to rationalize the way it gets here. Imagine this, I google earth the distance between DRC glencore mine site and then set another desination of Cobalt refinery in Ontario. So, here goes. pack the element in a gun patroled zone...right? Then, load it on a cargo ship to travel across the Atlantic Ocean. The cargo vessel arrives to North America and travels down the St. Lawrence. Next, it ports in Quebec? Montreal? Trois Rivers? Next, it is transferred to tractor trailor. It travels along the 401 and eventually heads north to reach the North part of Ontario. There, it is stock piled in a the refinery? The secuirty patrolled storage area...right? Okay, option two (if you know an option three please enlighten me): load it on an army Cargo plane supplied by the Canadain militray. The cargo plane can leave/land in Trenton? Somewhere else in Ontario? I am perplexed. This sounds extremely promising as long as the supply is GUAREENTEED to be shipped/flown/transport to the refinery. There needs to be clarification about the supply chain. Glencore has expressed interest...we all know that. Has the expansion even started? This project reminds me a lot of Nemaska Lithium. Will shareholders get burnt?
With optimism, two years later, imagine the refinery is at capacity. The product has being manufactured (and the product is a really high grade...almost pure). How is it transported to it's destination? Where is the destination? Where is the final product actually headed? What deal has been made? Where is the interest? Someone enlighten me...are we in kahoots with Tesla? Apple? Who in the heck is using the product?
Elon Musk: Why don't you drink a coffee with Trent Mills on a zoom chat and solve the North American supply chain and we get this going. Trent will make a couple phone calls with provinical goverments (i.e both Ontario and Quebec ministers), The Glencore CEO, DRC governemnt affliated trade represenatives and we are off the ground. Land a cargo plane/ship on site...load it up and bring it to Trenton, Quebec, Montreal?. Equation solved. High end product shipped every week to California. Tesla and Apple merge and the world is saved...YAHOO! One can dream!!