Electric Bar Boom Sets Cobalt Up For Massive Price Spike

Facing an acute shortage of cobalt coupled with challenging bottlenecks in the existing supply chain, ‘blue metal’ mania has taken hold. Prices are shooting up, hedge funds are hoarding physical supplies, and buyers are wondering where the next shipments are going to come from to feed the phenomenal progression of the electric vehicle (EV) revolution and massive battery gigafactories. First, it was lithium that shot through the roof and made millions for those who invested in it. Those who got in on lithium at the right time saw returns…

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