Cobalt Blue CEO on Business Strategy, Cobalt Prices, Supply Crunch

Cobalt Blue CEO on Business Strategy, Cobalt Prices, Supply Crunch

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the progress of a cobalt production project, emphasizing the importance of the Democratic Republic of Congo in global cobalt production and the challenges of ethical sourcing. It explores the dynamics of cobalt pricing, market trends, and the potential for a supply crunch. The discussion includes future market conditions, pricing predictions, and the advantages of producing cobalt in Australia, highlighting the stability and reliability of the Australian jurisdiction.

Read more

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern regarding cobalt production in the Democratic Republic of Congo?

Ethical sourcing issues

High production costs

Excessive supply

Lack of demand

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the demand for ethically sourced cobalt affected its pricing?

It has led to a single pricing system.

It has decreased the overall price of cobalt.

It has had no impact on pricing.

It has created a two-tiered pricing system.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which companies are mentioned as promoting ethical sourcing of cobalt?

Sony and Panasonic

Microsoft and Google

Apple and Tesla

Samsung and LG

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a notable characteristic of the cobalt market compared to other commodities?

It is unaffected by global demand.

It is a very small market.

It is larger than the iron ore market.

It has a stable supply chain.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected trend for cobalt demand in the coming years?

A decrease due to alternative materials

A complete shift to other metals

Stable demand with no significant changes

Significant growth, especially from battery production

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the predicted average spot price for cobalt in the medium term?

$10 per pound

$20 per pound

$30 per pound

$40 per pound

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is Australia considered a favorable location for cobalt production?

Lower production costs

Proximity to major markets

Higher quality of cobalt

Stable legal and economic environment