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Is cobalt a good investment?

Cobalt production has been a promising investment in recent years. However, like any other commodity, cobalt prices can be highly volatile. Additionally, since cobalt is a byproduct, there aren’t really any pure-play cobalt stocks within the metal mining industry. Many cobalt stocks aren’t listed on a U.S. exchange.

Should you buy a cobalt ETF?

Here's a closer look at some of the top ETFs to consider buying to capitalize on the expected rise in cobalt demand. Since cobalt is obtained from mining other metals, no ETF focuses solely on the metal. However, investors can access this essential element via a number of mining stock and base materials ETFs.

What factors affect a cobalt stock?

Mines: Because cobalt is normally a byproduct of nickel and copper mining, the mines that a company owns or invests in are one of the most important factors for a cobalt stock.

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