First Cobalt Corp Article by Peter Epstein
First Cobalt Corp., best way to play irrepressible EV strength & growing cobalt demand?
Battery metals Lithium, vanadium, nickel…. cobalt…. Each has traded at much higher levels, and each is widely expected to increase again (perhaps substantially). Note: unless indicated otherwise, all figures in US$.
Will lithium, vanadium & nickel prices rise again? I don’t know. This article is about cobalt, which briefly traded at $44/lb. in 2Q 2018, but now changes hands at about $16/lb. I believe a rebound to $25/lb. is reasonable within 2-3 years.
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