logo-loader
viewCritical Metals Plc

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''.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Critical Metals Plc named herein, including the promotion by the Company of Critical Metals Plc in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

The rare earths they call strategic minerals

Rare earths analyst Christopher Ecclestone talks us through the growing global demand for this specific suite of 11 minerals needed for magnets, EVs and wind turbines. Chris explains how China's creeping dominance in the space is worth tracking and what investors should keep an eye out for...

2 weeks, 5 days ago

2 min read