CBBHF - Top 5 Cobalt Miners To Consider As The Cobalt Bear Market Winds Down
This article first appeared on Trend Investing on 20 August 2019; therefore, all data is as of this date.
The graph below shows the roller coaster ride of the cobalt price over the past 3 years. Given the recent 2019 supply withdrawals or planned withdrawals (Glencore's (GLCNF) Mutanda mine, ERG, Compagnie de Tifnout Tiranimine [CTT], and the DRC artisanal miners), it looks likely cobalt prices will start to steadily improve again, especially post-2022 when the electric vehicle [EV] boom really takes off.
Some recent post-subsidy weakness in China July electric car sales has caused what