By Bob Haegele Cobalt is a metallic chemical element found in the earth’s crust. While cobalt is nothing new, it will be more in-demand in the coming decades. Its primary use is in lithium-ion batteries, which are used in electric vehicles (EVs). As EV production grows, so, too, will lithium-ion batteries. Thus, lithium output should increase in the years ahead.
With an increase in demand comes opportunity, both for companies and investors. This list will take a look at some of the best cobalt stocks to buy today as the EV race continues to heat up.
Top 5 Cobalt Stocks to Add to Your Portfolio
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