3 ms·
Why not? If half of the supply disappears overnight, prices will go through the roof, providing an incentive for current producers to increase output, by increa
by pnako 7y ago
Why not? If half of the supply disappears overnight, prices will go through the roof, providing an incentive for current producers to increase output, by increasing effort in their existing mining operations, and more than likely by opening new operations.
- hanniabu 7y agoIf there are sanctions, wouldn't it be the demand being changed and not the supply?
- pnako 7y agoThe sanctions would presumably be about cobalt from the problematic regions, so it would not change demand. But the supply would have to adjust away from the sanctioned region(s) to meet the existing demand.