Ann: Board Changes, page-114

Cobalt spot price news - Cobalt prices up again in January. "BMO Capital Markets expects current cobalt prices to double in the next two years."Cobalt market news - CRU - "There just isn’t enough cobalt to go around".

China only recently approved cobalt containing NMC batteries for subsidies, so many Chinese automakers (such as BYD Co) are moving to NMC, thereby requiring more cobalt.

good news on the cobalt front....hello wake up