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home / news releases / BHP - Cobalt Miners News For The Month Of March 2021

BHP - Cobalt Miners News For The Month Of March 2021

BHP Group Limited American Depositary Shares
  • Cobalt spot prices were higher again for the month and LME cobalt inventory was lower. Cobalt hydroxide prices up 65.5% YTD.
  • Cobalt market news - Cobalt demand from NCM batteries used in EVs will likely increase a whopping 37x from 2019 to 2040.
  • Cobalt miners news - Glencore reduces capacity at Murrin Murrin. Jervois Mining expects to commence cobalt concentrate production at ICO in mid-2022, making it the only US cobalt mine.
  • Global Energy Metals to acquire Monument Peak Copper-Silver-Gold Project in Idaho; Takes strategic interest in battery metal exploration portfolio in Quebec.

For further details see:

Cobalt Miners News For The Month Of March 2021
Stock Information
Company Name: BHP Group Limited American Depositary Shares
Stock Symbol: BHP
Market: NYSE
Website: bhp.com
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