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NorthStarFist

07/19/18 5:05 PM

#639 RE: StockBro75 #638

This quote goes to the heart of the matter: "And because around two-thirds of the world’s supply is mined in the highly unstable Congo, a supply shortage is likely brewing.

“There just isn’t enough cobalt to go around,” George Heppel, a CRU consultant, told Bloomberg in January. “The auto companies that’ll be the most successful in maintaining long-term stability in terms of raw materials will be the ones that purchase the cobalt and then supply that to their battery manufacturers.”