Is a possible explanation for an apparent lack of investment interest in Cobalt prospectives tied to the oversupply forecasted for Lithium beginning in 2022.
SQM are set to increase production out of Chile with a lead time of 5 years according to the likes of Morgan Stanley resulting in a halving of the Lithium price at that time.
The BIG star of the EV movement seems to be Lithium with Cobalt not being thought worthy of stardom. Sure Cobalt is getting somewhat known, but while Lithium is the FALLING STAR the money has moved away into other sectors effecting the desire for the ASX Cobalt 10.
