How To Invest in Cobalt, One of the Worlds Most Valuable Resources
BATT ETF invests in publicly listed companies dealing with these metals and companies researching these materials. Some ETF investments include Umicore China, Lithium Americas Corp, and Glencore, among others. Regardless, such a solution is still years away from mass production, and industry experts believe that electric vehicle manufacturers will still continue to rely on cobalt. From 219,679 tonnes by 2023, this will grow to 276,401 by 2028 at full battery capacity. The general opinion seems that cobalt’s current supply and demand dynamics will push the material into a deficit in the next couple…continue reading →