or try this one from RIO T- in 2018 did you know that more Cobalt is used inthe Oil and gas industry than in EV battery making?- advanced robotics supping up alot too - another fast growing industry. I do know that as much as athird of Co production goes to aviation and medical instruments but they dont identify that but with China India Africa and rest of asia growing richer demand for both planes and medical equipment also set for strong growth.
While EV batteries is only the biggest price driver for Co but not the only one.!!
120,000$ a ton ......here we come. or more importantly long may it stay over my anticipated CLA breakeven of $4o,000 a ton!!
Reminds me of a few years ago watching SA v Australia rugby game - In 78th minute SA was up by 3 points with 2 minutes to go. SA got a penalty and kicked to just shy of australias corner flag - their lineout "SA lineout 10 meters out -that puts them in a great postion to potentially score again " - says the oz commentator, the SA commentator more wisely said "more importnatly they are 9o meters from the SA line"!
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or try this one from RIO T- in 2018 did you know that more...
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