David Anonychuk, managing director of M.Plan International, talks with the Investing News Network about the cobalt market and what regions to watch outside the DRC in this Benchmark Minerals Week interview.
At this year’s Benchmark Minerals Week’s Cathodes conference in Newport Beach, the Investing News Network sat down with David Anonychuk, managing director of M.Plan International.
After giving a brief overview of his main takeaways from the Graphite+Anodes event, including thoughts on graphite demand and new anodes technologies, Anonychuk shared his insight on the cobalt sector.
“There’s still a lot of upside for cobalt, when we look at electric cars, the demand will double in 2027-2028 and probably quadruple in 2035,” he said.
Anonychuk, who has previously done due diligence on the ground for cobalt and copper projects in the Democratic Republic of Congo (DRC) and Zambia, also talked about supply concerns.
“We know [DRC cobalt] is a significant portion of supply, but there is potential for other regions. We’ve seen a lot of activity pick up in Canada and the US, so watch that space,” he added.
He also shared his thoughts on responsible sourcing of cobalt, the new LME requirements for companies listed in the exchange, and if the industry is taking the right steps to ensure cobalt supply is clean of human right abuses and child labor.
Listen to the interview above for more insight from Anonychuk, including what he expects from the cobalt market next year. You can also click here to listen to our full Benchmark Minerals Week’s interviews playlist on YouTube.
Don’t forget to follow us@INN_Resource for real-time updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1871.04 | +2.87 | |
Silver | 22.21 | -0.06 | |
Copper | 4.01 | -0.03 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 75.49 | +1.38 | |
Heating Oil | 2.84 | +0.07 | |
Natural Gas | 2.53 | +0.08 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Battery Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.