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PLM - Cobalt Miners News For The Month Of May 2020
Polymet Mining Corporation
Welcome to the May 2020 cobalt miner news. The past month saw cobalt prices flat and a quiet month of news from the cobalt producers. The cobalt juniors made some excellent progress.
Cobalt price news
As of May 20, 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 is 603 tonnes, about the same as last month (606 tonnes). More details on cobalt pricing (in particular the more relevant cobalt sulphate), can be found here at Benchmark Mineral Intelligence or Fast