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Bullboard - Stock Discussion Forum Katanga Mining Ltd Ord KATFF

Katanga Mining Ltd, through its subsidiaries, is engaged in copper and cobalt production activities in the Democratic Republic of Congo (DRC). Specifically, the company explores and develops properties with potential copper and cobalt yields operate mining and processing facilities that produce copper and cobalt and holds a portfolio of other mines that may be developed in the future.

OTCPK:KATFF - Post Discussion

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Post by rampage1 on Dec 31, 2017 3:25pm

Stevercan

For many years i thought the way you do re:cobalt but i have changed my perception laterly after much research.  
I understand why you think  cobalt could become obselete overnight but what i've found out that
when dealing with batteries for e vehicles safety will trump more powerful batteries. the reason is because the current batteries have been around for over 10 years and are viewed as safe.if you come out with a more powerful battery it has to be safe ie: won't catch fire from say chemical reactions or spontaneous combustion etc etc. Remember not long ago Samsung equiped kizmoz were not allowed on commercial airplanes because of possible fires ? ? ? do you know how much that cost Samsung  ? ?   
After i concluded my research i have come to the conclusion the current cobalt batteries will be around for at least 5 more years . Many Cobalt miners will benefit big time before the new batteris are available commercially .Invest accordingly
Comment by Kidlaw1 on Dec 31, 2017 3:36pm
On top of the fact that it takes years for a battery chemistry composition to meet all the safety requirements to be used en masse, it is currently not possible to completely substitute cobalt because cobalt is needed for for safety and battery life cycle reasons.   At this point in time, companies and researchers are trying to reduce the cobalt percentage in batteries from 20 percent to ...more  
Comment by BlueCobalt on Jan 01, 2018 6:26am
You guys are right, Cobalt will be used at a min 5 years that is more then enough to play this metals and mining cycle but the first 8,1,1 batteries are all ready coming off the production line not 5 years from now.
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