Tesla signs cobalt deal with Glencore
Tesla's reluctant attitude towards cobalt is a warning to others. The unpredictable Elon Musk strikes again. Just as his electric vehicle company Tesla seemed to be moving away from using cobalt in its batteries, he signed a long-term supply contract for the controversial metal with Glencore. This from the man who swore to remove cobalt from the Tesla product mix [...]
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Glencore & Volkswagen: When car manufacturers entered mining.
Glencore & Volkswagen: When the automobile manufacturers advanced into the mining industry. The inside report on how VW tried to buy up the cobalt market. In November of last year, executives of the car giant VW visited the Wolfsburg football stadium in Germany. The stadium is on the edge of a huge car complex that was built in the 1930s, complete with two power plants, [...]
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Ten promising cobalt stocks to keep an eye on
Article posted by IG markets Cobalt has become one of the most popular metals among investors. Its price is increasing due to the demand for electric cars. But what are the long-term fundamentals and which cobalt stocks to watch out for? The price and popularity of cobalt (also: cobalt), a rare, hard metal element, rose in the [...]
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