“We’ve been intensively focusing on how to manage future cobalt supply for a year now. Before, it wasn’t clear just how quickly demand will accelerate.”
Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.
Sula Iron and Gold plans to change name to African Battery Metals, reflecting a shift in focus after buying controlling stake in cobalt license stake in DRC.