By Chris Berry of Disruptive Discoveries Journal

Regular readers will know of my optimism regarding cobalt. The fundamentals look sound in a metals market that, already under pressure, appears headed lower. To wit:

·         Cobalt demand is growing by 6% overall with demand in the battery supply chain growing by some estimates at a CAGR of 10% out to 2020. Current estimates for battery usage put the actual tonnage demanded at between 35,000 and 40,000 tpy - a good chunk of the overall market. This is driven almost exclusively by cobalt’s use in the cathode of the lithium ion battery.

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