TMCWW - Cobalt Miners News For The Month Of March 2022

• Cobalt spot prices were significantly higher for the month, LME inventory was slightly lower. Supply concerns from DRC, Russia, and China pushed up cobalt prices.
• Cobalt market news - Congo court appoints temporary administrator to run China Moly's Tenke mine amid a dispute. Volkswagen will form JVs with Huayou Cobalt and Tsingshan Group.
• Cobalt miners news - Huayou Cobalt and Tsingshan Group form JV with Volkswagen. Electra Battery Materials, Glencore and Talon Metals involved in Government of Ontario Battery Materials Park Study.
• Ardea Resources Kalgoorlie Nickel Project and Cobalt Blue Broken Hill Cobalt Project, both awarded Australian government 'Major Project Status'. Havilah Resources inclusion of the Kalkaroo copper-gold-cobalt project in the Australian Critical Minerals Prospectus 2021.

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