Katanga Mining Ltd Ord KATFF

Cobalt Price up again today!

[Wonnetr]

$86,750/Tonne!

[BlazzingK]

$88,000/ Tonne !! cobalt price LME

[EVworld]

There is no substitute for Cobalt in making EV Lithium Battery including the most advanced combination (NCM - Nickel, Cobalt & Maganese), regardless of the price.  As there will be a Cobalt shortage, and the price will keep going up.  

[EVworld]

Katanga is going to well benefit from the Cobalt price-up-trend.  What would be the Katanga SP target in 6 to 12 months - thoughts?    

[Cancoby]

Really hard to say how much higher can it go, markets are irrational, see weed stocks. Any market hype will pump up the prices up! I am planning to stick with KAT for at least 5 yrs. I would predict $30/sh by 2023, the EV revolution is just starting, w have seen nothing yet!

[topdop]

@Cancoby : interesting prediction... supported by this: The recent Glencore Cobalt forward sale is now widely reported but I feel we still need reminding why it was imperative for the battery manufacturers to get on board now as this is, and will be for the next NUMBER OF YEARS, a real, verifiable and classic Supply vs Demand conundrum where Co supply side paucity and massive forecast (exponential

[EVworld]

Demand for cobalt in electric vehicle batteries is expected to grow by over 400% by 2020 and 1,100% by 2025, according to "FutureMoneyTrends" https://www.futuremoneytrends.com/trend-articles/numbers-shocking