Numis initiated coverage with a Buy rating and target price of CA$11 on this "dedicated cobalt investment vehicle."

Cobalt, the FX post-trade processing network based on distributed ledger technology, today announced that Citadel Securities, a leading global market-maker across FX, fixed income, equities, E

Mining analyst Stephan Bogner published a research update on Equitas Resources Corp. as the company provided a remarkable drilling update yesterday after market close.
It's often difficult to understand the global markets for critical minerals so The Gold Report narrowed it to three—lithium, cobalt and graphite—and brought in Simon Moores, managing director of London-based Benchmark Mineral Intelligence, and the firm's analyst, Andrew Miller, to provide insight into minerals that they say need to shed their labels as traditional commodities and embrace their future as niche, raw-material solutions for a growing list of technology manufacturers.
The electric vehicle maker plans to use only raw materials sourced in North America for a $5 billion U.S. battery factory.
The truth, in regards to the world’s mineral resources, is that we in the western developed countries are not in control of supply. There are many serious concerns in regards to global resource extraction that we need to consider.
Demand for cobalt used in cellular phones and electric vehicle batteries is expected to remain strong, but the sector could be plagued by supply disruptions
A new catalyst, cobalt-molybdenum-sulfur, may lead to significant advancements in crude oil refinement.
Analyst calls for $8 cobalt - Supply Destruction in Congo Continues
The U.S. did not mine or refine any cobalt at all in 2007, but this may change in the near future. Formation Capital Corporation plans to open America's first primary cobalt mine.