I was very bullish on #cobalt and #lithium over the last last year but I believe the rally in these metals is over done. With such high prices mining companies have ramped up production and on the demand side the amount of electric cars is still to few to soak up that additional production. Not to mention new advancements in technology have been aimed to reduce the amount of cobalt necessary per battery. Think we will see a sharp correction in these metals soon but I also believe there is huge long term potential.
Good question. Being that a major component of these batteries is #cobalt, I wonder how that increased demand will affect other companies dependant on this resource, such as #Tesla.
I have been following #lithium and #cobalt very closely and agree 100% with this analysis. I am growing more and more bullish on lithium refining, since I believe lithium prices will eventually begin to plateau when production ramps up, this will adversely effect miners. Do you know of any good lithium refining stocks that would help me take advantage of this boom?
I've always associated #lithium with #ElectricCars and #Tesla but lately I've been hearing more and more about #Cobalt. Hadn't realized it played such a crucial role. I'll be looking more closely at $SCTFF and related companies.
Interesting, I hadn't realized that more #cobalt is used in ion-lithium batteries than #lithium itself! Who knew? I'll be taking a closer look at #LiCo Energy Metals $WCTXF
This Rare Metal Skyrocketed 120% Last Year
I was very bullish on #cobalt and #lithium over the last last year but I believe the rally in these metals is over done. With such high prices mining companies have ramped up production and on the demand side the amount of electric cars is still to few to soak up that additional production. Not to mention new advancements in technology have been aimed to reduce the amount of cobalt necessary per battery. Think we will see a sharp correction in these metals soon but I also believe there is huge long term potential.
Why Is Apple In Talks With Sharp For OLED Displays When It Will Likely Be Buying From Samsung?
Good question. Being that a major component of these batteries is #cobalt, I wonder how that increased demand will affect other companies dependant on this resource, such as #Tesla.
$AAPL $TSLA
Lithium vs. Oil: An Unstoppable Divergence in the Energy Market
I have been following #lithium and #cobalt very closely and agree 100% with this analysis. I am growing more and more bullish on lithium refining, since I believe lithium prices will eventually begin to plateau when production ramps up, this will adversely effect miners. Do you know of any good lithium refining stocks that would help me take advantage of this boom?
This Could Be One Of the Biggest Winners Of The Electric Car Boom (SPONSORED POST)
#Cobalt is becoming a more and more critical element to electric cars.
This Could Be One Of the Biggest Winners Of The Electric Car Boom (SPONSORED POST)
What other companies besides #ScientificMetals could produce/supply #cobalt to #Tesla and other electric car companies? $SCTFF $TSLA
This Could Be One Of the Biggest Winners Of The Electric Car Boom (SPONSORED POST)
I've always associated #lithium with #ElectricCars and #Tesla but lately I've been hearing more and more about #Cobalt. Hadn't realized it played such a crucial role. I'll be looking more closely at $SCTFF and related companies.
Could This Be One Of The Biggest Winners Of The Electric Car Boom? (SPONSORED POST)
How rare is #cobalt relative to #lithium?
Could This Be One Of The Biggest Winners Of The Electric Car Boom? (SPONSORED POST)
Interesting, I hadn't realized that more #cobalt is used in ion-lithium batteries than #lithium itself! Who knew? I'll be taking a closer look at #LiCo Energy Metals $WCTXF