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Critical Metals chairman suggests Cobalt market beginning to strengthen

Critical Metals chairman suggests Cobalt market beginning to strengthen

Critical Metals Plc's chairman Christopher Ecclestone says Cobalt's had its traditional uses that it's had for hundreds of years but the big news in recent times has been in lithium-ion batteries and as a result its involvement in the supposed electric vehicle boom.

''Cobalt is still in a situation of very precarious supply and a big swing factor is Glencore that has a big mine in the DRC which they turn off or on dependent on the market''.

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