The silver-gray metal cobalt shines with hardness, strength and toughness. The most important field of application is rechargeable batteries. Cobalt is also used for magnets and superalloys. Lithium-ion batteries cannot do without cobalt, where it serves as a cathode material. Cobalt is also used as a material in rechargeable batteries in notebooks, e-bikes and smartphones. The problem is that most cobalt comes from the Democratic Republic of Congo, a politically unstable country. The mining conditions are not always the best either.
But cobalt is also found elsewhere, for example in the Rajapalot gold-cobalt project in Finland, this is owned by Mawson Gold - https://www.youtube.com/watch?v=ysjmwpskpMU -. Mawson Gold also owns other gold properties in Australia and recently acquired an option on a gold project in northern Sweden near Rajapalot.
Canada Nickel Company - https://www.youtube.com/watch?v=ejGJ-hLPY2w - is also present in Canada with its Crawford nickel-cobalt-sulfide project. It is located in the promising Timmins-Cochrane mining district. Nickel, by the way, is an important metal not only for electric vehicles but also for the stainless-steel market, making it a raw material that deserves attention. Metals for electric mobility will enjoy a boom for years to come, according to many experts. Industry, the automotive sector and renewable energy sources all need raw materials such as cobalt and nickel, along with lithium, which is also of interest to investors. Fiscal programs and climate protection policies will have a causal effect.
Current corporate information and press releases from Mawson Gold (- https://www.resource-capital.ch/en/companies/mawson-gold-ltd/ -) and Canada Nickel Company (- https://www.resource-capital.ch/en/companies/canada-nickel-company-inc/ -).
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