Looking over to demand, the electric car revolution will...

Looking over to demand, the electric car revolution will continue to drive prices as supply constraints also increase. In fact, Benchmark Mineral Intelligence forecasts that the cobalt market will reach a deficit in 2022/2023 as “this is when [it] estimate the wider adoption of EVs will happen.”
As demand for lithium-ion batteries increases, cobalt supply will need to reach 180,000 tonnes by 2026, according to the London-based firm.
“I still struggle to see where an ample supply of cobalt will come from to satisfy most EV demand projections,” Berry said. “With the realization that additional mining capacity will be needed to satisfy EV demand, the eyes of the market have started to shift towards smaller-market-cap companies that are development stage and looking at funding opportunities,” he added.

Let's hope explorers get some much needed funds to fast track mining. This area is hot as we know.

Don't know why there is aline