NZC 3.57% 27.0¢ nzuri copper limited

Cobalt price moving toward long term sustainability

  1. 12 Posts.

    Cobalt price starts moving toward south since June, but i think this positive for the long term sustainability. If the price is too high the cobalt users such as battery producer may seek other alternatives. Lower cobalt price will retain the right quality cobalt mines with lower production cost in the market while eliminate those not so feasible mines.  This will prevent possible oversupply as everyone rushing to produce it.
 
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