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PLM - Cobalt Miners News For The Month Of April 2020
Polymet Mining Corporation
Welcome to the April 2020 cobalt miner news. The past month saw cobalt prices unchanged and lots of news related to COVID-19 causing weaker demand and supply, and some miners cutting projects and costs. We also had the big news of Glencore taking Katanga Mining private.
Cobalt price news
As of April 21, the cobalt spot price was US$13.38/lb, the same as US13.38/lb last month. The LME cobalt price is US$29,500/tonne. LME Cobalt inventory was 606 tonnes, lower than last month (645 tonnes). More details on cobalt pricing (in particular the more relevant