Super Material Behind The Electric Car Boom Is Disappearing

Pay close attention to this cobalt chart. Demand could be about to surge from 2k tonnes today… to over 300k tonnes in 2030. That’s a 14,900% increase in demand. This cobalt chart is the only one you really need to understand. Simply: Cobalt is never going to be cheap again, thanks to the electric vehicle revolution and a massive supply chain bottleneck coming out of Africa.

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