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ARRRF - Cobalt Miners News For The Month Of April 2019
Ardea Resources Ltd
Welcome to the April 2019 cobalt miner news. The past month saw cobalt prices recover and move about 10% higher. Despite this the cobalt miners remain subdued due to the generally weak cobalt pricing environment.
Cobalt price news
As of April 18, the cobalt spot price was US$16.10, up from US13.61/lb last month. The LME cobalt price is US$34,500/tonne. I was not able to get any fresh cobalt inventory data this month. More details on cobalt pricing (in particular the more relevant cobalt sulphate), can be found here at Fast Markets