GRAPH: Cobalt price plunge and the EV market
Inflation adjusted cobalt prices are the lowest in 100 years after a deluge of new supply. Stagnating demand from EVs only adds to the bear case.
A large Queensland pastoral farm used for wagyu cattle breeding is set to become a coal mine after Australian Agricultural Company (AAC) agreed to sell a property to mining company Xstrata.
The global miner will pay $21.6 million cash for the 17,474-hectare Meteor Downs property without any cattle or machinery.
Image is from Cyrille BERNIZET
