BUY

Cobalt

The Sunday Times - - PERSONAL FINANCE - Romano Sala Tenna Katana As­set Man­age­ment

Two weeks ago we high­lighted cobalt and what a fort­night it has been, with the cobalt stocks we are track­ing ris­ing be­tween 15 and 75 per cent. This has some char­ac­ter­is­tics of a bub­ble and buy­ers do need to be smart, not just in what they buy, but how they buy. To re­cap, cobalt is the rarest of the bat­tery min­er­als, has only about 15 years of ex­ist­ing re­serves re­main­ing on the cur­rent tra­jec­tory and nearly 65 per cent of all pro­duc­tion is from the no­to­ri­ously chal­leng­ing Demo­cratic Repub­lic of the Congo.

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