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Quantum Cobalt Corp. (CSE: QBOT) (FRANKFURT: 23B) is "One to Watch" - Cobalt Prices To Rocket As Tech Giants Scramble For Supplies

NEW YORK, NY--(Marketwired - Nov 16, 2017) - The Democratic Republic of Congo supplies some 60 percent of the world's cobalt -- a desperately sought after metal that is the driver of our electric vehicle (EV) boom and the fodder of battery giga-factories popping up all over the world.

But this claim to fame is obscured by a much darker side of the DRC -- namely that it's in the middle of a violent uprising and it's been using inhumane child labor to mine the precious metal. DRC's cobalt is the 'blood diamond' of this decade.

Buyers are under growing pressure to give up conflict cobalt and find new sources, but the timing is tough. Major automakers and battery manufacturers are scrambling to secure supplies of cobalt. Prices are soaring, and demand can only move in one direction -- up.

Here's why...

Cobalt demand could surge 700% by 2020 ... and 14,900% by 2030. And smart investors are getting into position now for the North American cobalt rush.

North America has an answer to this, and there is a 'cobalt rush' ensuing in a place whose name says it all: Cobalt, Ontario, the site of a silver rush over a century ago.

Back then, just when Cobalt, Ontario, was in its silver prime, the doors of African mining opened up wide, and Cobalt was forgotten. A century later, with political instability, war and working conditions that have everyone using conflict cobalt under major scrutiny, miners are coming back to this North American venue in droves.

One little-known company, Quantum Cobalt Corp. (CSE: QBOT) (FRANKFURT: 23B) has three projects in the heart of this 'cobalt rush' venue. It's moving fast on exploration, with impressive past-producing mineralizations, and it's poised to earn its place with a new type of cobalt that is safe, ethical and politically stable.

Here are five reasons why you may want to keep a close eye on Quantum Cobalt (CSE: QBOT) at a crucial moment when cobalt prices seem to be going in only one direction:

#1 The New Cobalt: It's North American

Canada is already the world's second or third biggest producer of cobalt, but it's only been producing about 6 percent of supply, along with China. Both have been sidelined by the lure of African cobalt. But African cobalt is becoming increasingly shaky, and it's a supply line that is no longer reliable.

Canada is now ramping up exploration and development, and much of this is happening in Cobalt, Ontario.

Only two years ago, according to one local geologist speaking to Canadian media, "If you had a cobalt property, you couldn't give it away. All of a sudden, within six months, everything changed."