CLA - Cobalt related news, page-2271

(I Have tried to edit a bit)
Good points PG &RDL

RDL.. The contrast between traditional slow growth commodities  ie  Iron Ore with high current demand

And a completely new revolution ie the coming revolution of electrification of vehicles and batteries

Which will mean a massive pick up in demand for has been up till now an un traditional commodity

 

This revolution will be starting around 2021-2022 and growing then for foreseeable future

 

The spot price now ie what you need to buy for present use really has nothing to do with what the price you will need to pay in 2021- 2022 and beyond

 

And this once in a lifetime revolution means cobalt price in 2021-2022 is likely to be very significantly higher than it is now

 

In RDL,s example they need the Iron Ore now so price jumps straight away

With cobalt the present urgency of demand is not so urgent

CLA resource is likely to be mined 2021- 2022

So for a Buyer,  Joint venturer, Partner to inject capital

This is the time period and corresponding Cobalt price to focus on

all IMO