ENRC Owner Targets Cobalt Mining to Tap Growing Battery Market

#Cobalt prices should advance “significantly” in the next two years as demand for the metal used in rechargeable #Batteries increases. The battery market is expanding as more consumers turn to #Electric and #HybridCars and look to store #RenewableEnergy to power appliances when there’s little wind or sunshine. #Daimler AG and #Tesla said they will start selling batteries storing energy to homeowners and businesses.

Read more at: http://www.bloomberg.com/news/articles/2015-09-23/enrc-owner-targets-cobalt-mining-to-tap-growing-battery-market

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