Bullboard - Stock Discussion Forum Edison Lithium Corp V.EDDY

Alternate Symbol(s): EDDYF

Edison Lithium Corp. is a Canada-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium, and other energy metal properties. Its lithium properties include Lexi Property, Salar de Antofalla (Antofalla) and Pinac Property, Salar de Pipanaco (Pipanaco). The Lexi Property is located in the Province of Catamarca, Argentina and consists of... see more

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Edison Lithium Corp > Cobalt’s demise has been greatly exaggerated

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Post by Sextant on Jan 26, 2021 6:27pm

Cobalt’s demise has been greatly exaggerated

London: UK, Nov. 06, 2020 (GLOBE NEWSWIRE) -- Largely benefitting from its stability, hardness, anti-corrosion and high-temperature resistance characteristics, cobalt metal and its compounds are widely used in many industries important to the modern society, such as various battery applications, aerospace, and energy. Since the commercialisation of Li-ion batteries in early 1990s, it has been consumer electronics that has underpinned cobalt demand. The past decade saw a rapid growth of cobalt use from the automotive sector as a result of adoptions of cobalt containing cathode materials, although portable electronics remains by far the largest single end-application of cobalt.

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Roskill:Cobalt demand to grow steadily over the next decade as a technology enabler - GlobeNewswire

Nov. 6, 2020 — Future market growth for cobalt will continue to be underpinned by the thriving battery industry and ... Roskill's newly-released cobalt report forecasts a steady demand growth for the blue metal to 2030.

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