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home / news releases / CCWOF - Cobalt Miners News For The Month Of September 2020

CCWOF - Cobalt Miners News For The Month Of September 2020

Canada Cobalt Works Inc
  • Cobalt spot prices rose slightly for the month and LME cobalt inventory was lower. China’s SRB cobalt stockpiling could set metal price floor.
  • Cobalt market news - EU sounds alarm on critical raw materials shortages - Needs 5x more cobalt by 2030 & 15x more cobalt by 2050. Battery metals to boom.
  • EV fires -There could have been an issue when CATL tried to increase the ratio of nickel (ie: not enough cobalt). EV boom fuels global scramble for cobalt & nickel.
  • Cobalt miners news - Gem Co signed an 8 year nickel and cobalt supply contract with Indonesia's Halamahera Persada Lygend. Conic Metals (Ramu Mine share) has increased resources by almost 50% to 145 million tonnes.

For further details see:

Cobalt Miners News For The Month Of September 2020
Stock Information
Company Name: Canada Cobalt Works Inc
Stock Symbol: CCWOF
Market: OTC
Website: canadasilvercobaltworks.com
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