Tesla's Telays Attributed To Monumental Demand For Cobalt

This tiny company could be shining in the spotlight soon on Wall Street!

Tesla CEO Elon Musk told shareholders at the company's annual meeting in early June that the company is "quite likely" going to meet the 5,000-cars-a-week target for its Model 3.

Some of Tesla's delays can be attributed to the monumental demand for Africa's cobalt, which comes from the dangerous Democratic Republic of Congo (DRC). Roughly 54% of the world's supply comes from this area.

This one tiny company could change everything!

Now, a special company has identified and acquired initial assets in Indonesia offering near-surface, strong nickel-cobalt mineralization and located adjacent to established infrastructure. Of most significance is that the company has a project in Indonesia that is located well within economically attractive, ocean-going transportation range to industrial Asia, home to the largest cobalt markets on the planet.

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