Cobalt’s Luck Could Come From Volkswagen, Glencore Troubles – Wall Street Journal

Posted: Monday, October 05, 2015

One side-story to the biggest headlines in corporate Europe, Glencore PLC and Volkswagen AG, is a minor metal called cobalt.

Some analysts believe that the price of this metal, used in phones and car batteries, will rise when beleaguered commodity‚Äôs giant Glencore closes down mines responsible for 5% of global supply as it seeks to cut costs. And some investors are betting that increased demand for electric cars in the wake of the…

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