Two bids made for Glencore stake in New Caledonia’s Koniambo Nickel
KNS halted its operations in March after Glencore decided to sell its 49% interest.
The price of cobalt is set to double.
The electric vehicle revolution will continue to reinforce the unquenchable demand for cobalt.
Cobalt is primarily a by-product of nickel and copper mining and subject to extreme jurisdictional risk.
Combine the growing supply-demand deficit with an unstable supply chain, you have the perfect recipe for the most extreme bull market within the mining sector in the next 12 months.
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