Benchmark Mineral Intelligence says that positive sentiment around battery demand for cobalt chemicals is outweighing the bearish sentiment around metal demand from traditional markets.
The automotive industry has become interested in the use of high-Ni batteries for electric vehicles but their cathodes are prone to reactivity and instability when exposed to humidity.
Glencore has become the unwilling poster child of a campaign to change the constitution so Swiss companies are liable at home for human rights abuses or environmental harm they cause abroad.