Apkjm here is some light reading regarding the importance of KUMI and also the insatiable appetite by car makers for the source minerals-refer below
Me thinks this “Vision” European tour is gonna really full of bags of rocks being slammed on some of these autonaker’s tables....off-take agreemt will be eagerly awaited...wonder who this big European funder who wants a strategic stake in little old WFE will be...heart palpitations in order
We need double the cobalt to meet electric car demand – but will ethical supply keep up?
“Demand for cobalt could exceed “ethical supply” in the next five years, Mr Milewski said.
“I believe there’s going to be enough material; that’s not the problem,” he said.
“[But] for battery makers and car makers the real issue is — [can they] show consumers that the material they have is ethically sourced all the way back through the supply chain?”
WFE Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
