ECSIF - eCobalt Solutions: The Sidelines Are A Safer Place To Be For Now
Wow, what a difference a year makes! Around this time last year, cobalt was a hot topic seemingly always finding its way into the limelight and a commodity deemed by analysts everywhere to be the "critical" EV battery metal, which helps partially explain the blast off to new heights not seen since the days prior to the financial crisis of 2008 for element 27 on the periodic table.
Cobalt prices hit $40/lb in early 2018, and indeed, it really seemed like there was "nothing to pull them down".
Source: Metal Bulletin March 2018
Further,