Cobalt Institute: cobalt market weakened since 2022 peak, but in longer term, demand will outpace supply
Green Car Congress
MAY 11, 2023
This dynamic will likely remain through to 2024, the report says, as a plentiful and growing supply surplus maintains pressure on prices. However, in the longer term, demand for cobalt will outpace supply, lifting prices and supporting a new wave of supply side investment.
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