COBALT

It’s no secret that we have been eagerly looking forward to the IPO of Vulcan’s “Zero Carbon copper, nickel and cobalt” spin out company Kuniko (ASX:KNI) - today we add KNI to our portfolio.

Having almost singlehandedly spurred the mainstream auto industry towards an electric powered future, Tesla’s chief executive, Elon Musk, is now pushing the industry to seek out more high purity manganese to power its vehicles. This could have positive ramifications for Euro Manganese Inc (ASX: EMN).

Furthering its investment in the battery minerals space and its exposure to the electric vehicle revolution, Delecta (ASX:DLC) has announced its intent to acquire the Copper Ridge project in Utah, USA.

One ASX listed diversified metals explorer has just released extremely high-grade graphite results that could put it on the global graphite map.

Since we first crossed paths with Accelerate Resources (ASX:AX8), this fast-moving ASX junior has been flush with news flow.

This emerging ASX play is in the process of completely rewriting its history.

The ASX newcomer on our radar today has its corporate eye fixed on the rapidly accelerating electric vehicle (EV) boom, in which battery metals like cobalt, copper and nickel take centre stage.

Diversified junior explorer MinRex Resources’ (ASX:MRR) strategic decision to acquire three assets in NSW and WA that are prospective for cobalt, scandium, copper and nickel looks to paying off.

Classic Minerals (ASX:CLZ) is looking to capitalise on the stability of gold and the skyrocketing demand for cobalt.

This ASX polymetallic junior boasts a meticulously selected commodity spread, a heavyweight board armed with serious industry muscle, and plenty of scope for future growth.

Shareholders of Winmar Resources’ (WFE: ASX) are already seeing the rewards of its revised DRC cobalt strategy. The stock has gained close to 2000% since announcing its DRC cobalt ambitions less than six months ago.

It seems acquisition is the name of the game for MinRex Resources (ASX:MRR) as it looks to take the metals marketplace by storm in 2018.

Victory Mines (ASX:VIC) now has in its possession 100% ownership of two highly prospective cobalt and scandium projects in NSW, as it aligns its operations and exploration programs with the highly attractive global fundamentals for cobalt and scandium.

With multiple projects on the go, Alloy Resources (ASX:AYR) has now struck a deal to gain total control over a highly prospective project that it formerly explored as a junior joint venture partner.

Today’s ASX junior has identified the opportunities on hand and as attention turns towards alternative cobalt markets, is shifting gears to capitalise on the promise of European cobalt discoveries.

Celsius Resources (ASX:CLA) plan to define a large cobalt Resource at its 95%-owned Opuwo Cobalt Project in Namibia as soon as this quarter.

With a portfolio of projects containing gold, copper, zinc, cobalt, zinc, nickel, iron ore, graphite and lithium, Cazaly Resources (ASX:CAZ) has room to move.

Victory Mines (ASX:VIC) is looking to move swiftly on its NSW assets – Husky and Malamute – with plans already underway to send a geology team to commence a high-level exploration strategy.