Although the DRC currently supplies more than 50% of the cobalt market; high political risk presents a major constraint for further supply growth from the country; particularly in light of an onerous new Mining Code. We therefore believe that neighbouring Uganda, which shares similar geology to the DRC but with robust economic growth and stable politics offers attractive potential for investors looking for ethical sources of battery materials.
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Raid on Entebbe
Jervois Global Limited (JRV:ASX) | 0 0 0.0%
- Published:
12 Jun 2018 -
Author:
Oliver O’Donnell -
Pages:
30
Although the DRC currently supplies more than 50% of the cobalt market; high political risk presents a major constraint for further supply growth from the country; particularly in light of an onerous new Mining Code. We therefore believe that neighbouring Uganda, which shares similar geology to the DRC but with robust economic growth and stable politics offers attractive potential for investors looking for ethical sources of battery materials.