Demand for cobalt is on the up and the supply of cobalt looks set to grow tighter and tighter , but this is an industry that is cyclical in nature . Cobalt is reaching decade high market prices and this incentivises more operators , major and junior , to find more cobalt . Look at the outlook with regards to EVs . Right now , billions of dollars are being invested into R & D and into production and into Gigafactories . The infrastructure that has been dedicated to current EV batteries tells you that we are on a path of no return . This path of no return strengthens the notion that 2018 has been a real turning point for cobalt . It ’ s been a “ crazy year ” and 2019 could surpass it . The frenzy is real . As a miner it is unlike anything we ’ ve ever seen before but we know there is a real need for this product . Trent Mell , CEO , First Cobalt

59 www . miningglobal . com