Castle Silver Resources Inc. in Cobalt, Ontario has the technology and expertise to become of the world's top cobalt producers.
Rising metal prices mean growth while falling prices translates to an economic slowdown.
China, the world's biggest consumer of base metals, has been the barometer of base metal prices.
The copper industry is expected to make a comeback in 2018 after it suffered a massive blow back in 2011.
China, the world's biggest steel producer, will begin to lessen its output in favor of saving the environment.
China's copper production surged while zinc and platinum output decreased.
Gold slowed down a bit, but experts believe it could reach the $2,000 plateau soon.
Prices of base metals dropped on Friday, causing a chain of reaction to the stocks of mining companies.
Zinc's CAGR growth could reach 3.96% in the next four years, meaning it could be the metal for all seasons.
The rising copper stocks of COMEX can influence the metal's price in the market.