Tesla's lofty production rate combined with the fast growth of the electric vehicle industry may have Pacific Rim Cobalt Corp. (OTC: PCRCF) (CSE: BOLT) shining in the spotlight
With supply deficits for cobalt expected to continue, there is immense pressure to find safe and reliable sources for cobalt. Pacific Rim Cobalt Corp. (OTC: PCRCF) (CSE: BOLT) may have the answer. The company has a project in Indonesia that has been described as potentially the largest source of cobalt outside of Africa!
Ranjeet Sundher, Pacific Rim Cobalt Corp.'s CEO, stated "Like many business endeavors, project expertise combined with prime location can play a key role in the success or failure of an enterprise, especially in the resource sector. We believe that cost-effective ocean-going proximity to the largest cobalt markets in the world, combined with our strong in-country experience, makes for a truly attractive business proposition. It appears that the raw material supply chain for the battery sector is becoming increasingly recognized as an opportunity with significant growth potential."
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