Cobalt Blue CEO on Business Strategy, Cobalt Prices, Supply Crunch

The video discusses the progress of a cobalt production project, emphasizing the importance of the Democratic Republic of Congo in global cobalt production and the challenges of ethical sourcing. It explores the dynamics of cobalt pricing, market trends, and the potential for a supply crunch. The discussion includes future market conditions, pricing predictions, and the advantages of producing cobalt in Australia, highlighting the stability and reliability of the Australian jurisdiction.

What is a significant concern regarding cobalt production in the Democratic Republic of Congo?

• Ethical sourcing issues

• High production costs

• Excessive supply

• Lack of demand

How has the demand for ethically sourced cobalt affected its pricing?

• It has led to a single pricing system.

• It has decreased the overall price of cobalt.

• It has had no impact on pricing.

• It has created a two-tiered pricing system.

Which companies are mentioned as promoting ethical sourcing of cobalt?

• Sony and Panasonic

• Microsoft and Google

• Apple and Tesla

• Samsung and LG

What is a notable characteristic of the cobalt market compared to other commodities?

• It is unaffected by global demand.

• It is a very small market.

• It is larger than the iron ore market.

• It has a stable supply chain.

What is the expected trend for cobalt demand in the coming years?

• A decrease due to alternative materials

• A complete shift to other metals

• Stable demand with no significant changes

• Significant growth, especially from battery production

What is the predicted average spot price for cobalt in the medium term?

• $10 per pound

• $20 per pound

• $30 per pound

• $40 per pound

Why is Australia considered a favorable location for cobalt production?

• Lower production costs

• Proximity to major markets

• Higher quality of cobalt

• Stable legal and economic environment