RE:Cobalt Outlook: Positive Or Negative? I wonder if that outlook was before or after GM alone decided, that because of wide spread positive response to thier EV line, they are increasing EV out put by 30% by 2025 ?
they are only one of many industries and manufactuers poised to do the same .... so the predicted exponential demand on Battery metals is upon us and there is no going back. When does that affect the relative flat cobalt market?
this flat situation is obviously not limited to FT ...even if cobalt use in some batteries becomes reduced and it eventually probably will but we are a long ways away from that becoming widespread and there are and will be many kinds of batteries we know that already, but also other industries will also increase demand of cobalt as the electrical transformation unfolds in an uncharted program, no one has seen before in our lifetime.
whether we Doit or some one like a Sheritt or other ....this deposit will not sit untouched.
So whilst driving the kids around the countryside in your new EV and spot those blue cubes in the farmers fields ....20 % cobalt sulphate that keep the bulls that sh-t all over the place healthy and that use ain't going down or away either.
our luck? ....well someone will find a way to recycle that BS and recover what's not been used lol.
hang in there something has to change, but after our latest NR and some comments here, I am pretty sure it wont be at our 8 minutes of AGM.