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home / news releases / ELBMF - Cobalt Miners News For The Month Of February 2022

ELBMF - Cobalt Miners News For The Month Of February 2022

Electra Battery Materials
  • Cobalt spot prices were slightly higher for the month, LME inventory was flat.
  • Cobalt market news - Electric vehicles drive up nickel, cobalt and lithium prices. BMI 2022 forecast for cobalt - Deficits building starting from 2024.
  • Cobalt miners news - Glencore's cobalt output climbs on Mutanda restart. Huayou Cobalt ships first MHP shipment from Indonesia JV. Jervois on track for ICO production to begin in Q3 2022.
  • Electra announces receipt of key permit for its Ontario refinery and is on budget and schedule for commissioning in December 2022. Sunrise Energy Metals secured conditional finance support from Export Finance Australia (‘EFA’) for up to A$400 million of debt funding.

For further details see:

Cobalt Miners News For The Month Of February 2022
Stock Information
Company Name: Electra Battery Materials
Stock Symbol: ELBMF
Market: OTC
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