Ah Monkey,
Nearly all nickel deposits have by-product cobalt. There are very few cobalt dominant mines. At least 70% of cobalt production is as by-product from either nickel or copper mines. So there is some inelasticity in world cobalt production. The closing of nickel mines is also reducing the supply of cobalt. I do not really see why the SP has gone up so much, but no complaints as a long term holder.
Ah Monkey, Nearly all nickel deposits have by-product cobalt....
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
