Page 22 - முதலீடு செய்தி வலைப்பின்னல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
IMC International Mining Corp Appoints Two Directors
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IMC International Mining Corp Appoints Two Directors
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Cobalt Market Update
The main driver in the cobalt market is the EV industry, as the metal is essential in batteries. But the coronavirus has hit the space hard, with many changing forecasts since the start of the year.
Wood Mackenzie was previously expecting EV sales growth of 20 percent year-on-year in 2020, but the firm is now looking at a contraction of up to 40 percent, Gavin Montgomery, research director, battery raw materials, told the Investing News Network (INN).
“We had projected the cobalt market to be relatively balanced this year as the excess stocks that characterized 2019 started to ease off, plus we have Glencore’s (LSE:GLEN) Mutanda mine offline this year. Now we see the market contending oversupply again as all end-use sectors are impacted.”
Capital Raisings On The ASX
Last year, we witnessed capital raisings reach a total of $66B AU from ASX-listed companies in the last decade. And 2021 started off on a strong note. Who are the players? What does the future hold for capital raisings on the ASX in 2021? More importantly, how can YOU get in on this so you don t miss out? Our FREE special report answers all your questions in order to provide you with the information you need for potential lucrative investments.! (
You’ll also get our FREE Australian Resources newsletter plus FREE Australian Investor Kits and email updates from select companies! ).
Adam Rozencwajg: Copper in for a Very, Very Strong Bull Market
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