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IPFS News Link • Energy

This Little Known Metal Is What Keeps Elon Musk Up At Night

• http://www.shtfplan.com, James Burgess

Right in the middle of this we have small-cap North American explorers—our new potential barons-in-the-making—in whose hands our energy revolution now lies.

China is going to spend a massive US$360 billion through 2020 on renewable power sources as it seeks to dominate what is one of the fastest-growing industries in the world—and it will need a huge amount of cobalt to pull this off. If China starts hoarding global cobalt supplies, we'll be looking at another phase of cobalt supply panic.

Cobalt is also a highly strategic material—it defines our defensive capabilities, and Donald Trump is now playing with yet another executive order to boost the military, and military spending.

For cobalt, we'll be looking at the only major venue left under control for new supply—Canada, the #3 cobalt producer in the world.

It's a brilliant set-up for small-cap companies like LiCo Energy Metals (TSX:LIC.VOTCQB:WCTXF), which is staking out lucrative claims uniquely for both cobalt and lithium.


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