Cobalt is in high demand for e-mobility as it is used to build the Cathode in L-Ion batteries. Cobalt use for E-Mobility will be part of the electric vehicle revolution. 64% of the world’s Cobalt is from Democratic Republic of Congo produced in unsecured jurisdictions. As a result, this creates a mining conflicts.
There are not many Cobalt companies listed for investments. First Cobalt company will be the Cobalt producer from Canada. Cobalt 27 will be the first physical investment group for physical Cobalt investment. Cobaltone and Cobaltech are also big players of the Cobalt mining industry.
Jochen Staiger, CEO & Founder, Swiss Resource Capital AG.
This article was originally posted on FX Empire
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