Bottom-Fishing: Two Hedge Funds Quietly Buying Physical Cobalt Amid EV Battery Slump 

Jul 5th 2024 4:15am EDT

Bottom-Fishing: Two Hedge Funds Quietly Buying Physical Cobalt Amid EV Battery Slump  Cautious optimism is creeping back into the cobalt metal market as hedge funds move to physical purchases of the battery metal as prices slump to seven-year lows. With oversupply conditions and slumping electric vehicle demand, the market could soon find balance, given cobalt’s critical role in the […]

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