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Message: Got Cobalt?

 

Battery gigafactories arond the world.

https://www.bloomberg.com/news/articles/2017-05-22/move-over-tesla-europe-s-building-its-own-battery-gigafactories

http://www.wallstreetbroadcast.com/wp-content/uploads/2017/11/image5.png

 

Each Telsa car uses nearly 60 lbs of cobalt (45 in batt, 14 in powerwall)

 

$25 - $30 lbs last 6 months up from $10 in 2015 - 2016

 60 X $25 = $1500

 

(credit James Wimberley)

point is that cobalt (123,000 tonnes/yr) and lithium (35,000 tonnes/yr) 

are 2-3 times as abundant in the Earth's crust as lead (4m. tonnes/yr) 

and about 10 times as abundant as tin (280,000 tonnes/yr).

 

With the abundants of cobalt still in the ground we can expect the price

point to drift down towards the ten year norms of $10. to $20. even as demand grows.

 

 

 

 

Speculation for Smokingreen

Brief description of Cobalt blue: It's a cobalt oxide-aluminum oxide.

A stable pigment of pure blue colour.

 

Is that what we saw in Alaska?

 

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