the oregon group logo

Investment Insights. Stay Ahead.

Anthony Milewski: Electric Vehicle Demand to Drive Cobalt To New Heights

Anthony discusses the electric vehicle market and the metals required in producing batteries. He really focused on cobalt, since it’s a byproduct of nickel and copper mining, and hence there are few primary cobalt deposits. This will create supply side issues as one should expect an enormous demand for electric vehicles. If the cobalt price were to double, there would be only minimal impacts on the overall cost of an electric vehicle. Lithium is a primary metal with primary deposits, while cobalt is a different animal, with the overwhelming majority of production coming from secondary mine sources. Even at much higher prices for cobalt you would not be building a primary cobalt mine, but would be bound by the prices of other metals. Cobalt price have to go materially higher to incentivize mine development, mines will then take at least three to five years to build. There are few ways to invest in cobalt. With Cobalt 27 (CVE:KBLT) he is trying to put together an investment grade product for institutions and retail investors. They have 2158 metric tons of cobalt, so are backed by the actual physical. They are planning to raise additional capital, to purchase more physical and acquire producing streams to transition to being a streaming company. He discusses Cobalt 27’s upside potential when compared to other resource development stocks. In the short term he expects to trade at a premium to net asset value and over time at a multiple, as they transition to a streaming company. When you purchase the stock, you are buying into participation in the cobalt upside, into the physical story, which is underpinned by these assets.


The Oregon Group has full editorial control over all content published on this website and the author has not been compensated or remunerated by any person to provide content for The Oregon Group, and all statements and expressions herein are the sole opinion of The Oregon Group. However, from time to time, The Oregon Group and its directors, officers, partners, employees, authors, or members of their families, as well as persons who are interviewed for articles on this website, may have a long or short position in securities or commodities mentioned and may make purchases and/or sales of those securities or commodities in the open market or otherwise. By accessing and using this website, readers are cautioned to assume that each of the foregoing persons may have a financial interest in all companies and sectors mentioned on this website. Any projections, market outlooks or estimates herein are forward looking statements and are inherently unreliable., and any such statements are based upon certain assumptions and should not be construed to be indicative of the actual events that will occur.  Other events that were not taken into account may occur and may significantly affect the returns or performance of the securities or commodities discussed herein. The information provided herein is based on matters as they exist as of the date of preparation and not as of any future date, and The Oregon Group undertakes no obligation to correct, update or revise the information in this document or to otherwise provide any additional material. The information provided on this website is for informational purposes only and is not, directly or indirectly, an offer, solicitation of an offer and/or a recommendation to buy or sell any security or commodity, and the information provided on this website should not be construed as any advice or an opinion as to the price at which the securities of any company or commodity may trade at any time. The Oregon Group is a publisher of financial information, not an investment advisor.  We do not provide personalized or individualized investment advice or information that is tailored to the needs of any particular recipient, and the information provided on this website is not and should not be construed as personal, financial, investment or professional advice. Readers are cautioned to always do their own research and review of publicly available information and to consult their professional and registered advisors before purchasing or selling any securities or commodities and should not rely on the information contained herein. Neither The Oregon Group nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. By using the Site or any affiliated social media account, you are indicating your consent and agreement to this disclaimer and our terms of use. Unauthorized reproduction of this newsletter or its contents by photocopy, facsimile or any other means is illegal and punishable by law.

Share this article

about the author

Anthony Milewski

Anthony Milewski

Anthony Milewski has spent his entire career in the capital markets, including as company CEO, board director, advisor, founder and investor, with a focus on the energy transition and commodities.


Subscribe for Investment Insights. Stay Ahead.

Subscribe and get today’s market and industry trends delivered to you in real-time.

[mepr-membership-registration-form id="4595"]


Welcome to The Oregon Group, an investment research team founded by independent capital markets experts, Anthony Milewski and Justin Cochrane.

Anthony, Justin and their team, are now sharing their boardroom expertise, institutional experience and analysis from our global network, to help you profit and hedge your investment exposure during this time of unmissable opportunity.

Subscribe and get today’s market and industry trends delivered to you in real-time.

[mepr-membership-registration-form id="4595"]