Electric Cars Are Driving More Than Just Passengers

The future of electric vehicles (EV) is playing an important role in driving demand for cobalt, said Craig Lennon, managing director of Highlands Pacific (ASX: HIG).
Talking to Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference, Craig Lennon said that demand for cobalt “is definitely around electric vehicles and the growth that’s going to bring on.”
On the supply side, Lennon said that a lot of cobalt currently comes from the Democratic Republic of the Congo (DRC), and producers would benefit from not operating in an area plagued by problems around child labor and political instability.
“End users are wanting to track the raw materials all the way to where they come from, so being a producer outside of the DRC is a good position to be in,” he said. (show less)

The future of electric vehicles (EV) is playing an important role in driving demand for cobalt, said Craig Lennon, managing director of Highlands Pacific (ASX: HIG).
Talking to Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference, Craig Lennon said that demand for cobalt “is definitely around electric vehicles and the growth that’s going to bring on.”
On the supply side, Lennon said that a lot of cobalt currently comes ... (read more)

Noosa Mining Investor Conference

Noosa Mining Investor Conference
This valuable and informative investor conference will be held for an eighth year at Peppers Noosa Resort from 12:30pm on Wednesday 18th July to Friday 20th July 2018. The conference will feature listed resource companies showcasing and selling their investment credentials via an exhibition and formal presentations. Designed for resource investors, brokers and fund managers to better understand current investment opportunities in the mining, energy and exploration sectors, the conference brings senior company executives and investors together in a relaxed yet sophisticated setting.

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