This news is great for Cobalt stocks. Suprised we are not yet at 20c IMO!
By Bloomberg News
(Bloomberg) -- Zhejiang Huayou Cobalt, GEM Co. and Jinchuan Group have halted or limited deliveries of cobalt on a product shortage, Shanghai Securities News reports, citing co. officials.
GEM Co. is accepting prepayment for future purchases: report
Jinchuan Group has halted deliveries except to some major plants with which it has a long-term relationship: report
Cobalt demand has risen because of new energy cars subsidies and prices are expected to rise further, report cites an unidentified brokerage researcher as saying
This news is great for Cobalt stocks. Suprised we are not yet at...
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