Cobalt surge

Cobalt is not a household word in America, but it probably is in the Democratic Republic of the Congo. They produce 60% of the world's supply, and the mines are worked . . by children.

image: periodictable.com

The world needs cobalt more than ever before. There's more cobalt than lithium in
lithium-ion batteries--the essential component of those electric cars that all car companies are developing as fast as they can.

It's critical to electric car development but worldwide production is not keeping up. Severe shortages are getting worse. Its price jumped 150% last year.

(cont'd tomorrow)