BKTPF - Top Cobalt Producers And Some Cobalt Juniors To Consider

This article first appeared on Trend Investing on Dec. 18, 2018; therefore all data is as of that date.

Cobalt miners have had a rough 2018 due to trade wars and a rush of new DRC cobalt supply. The DRC also has dealt DRC cobalt miners a heavy blow with their new onerous royalties (10%) and super profit taxes (50%), reminding investors about sovereign risk. Namibia looks likely to follow.

Cobalt price history

By May 2018 we saw a strong cobalt supply response from the DRC which caused cobalt prices to fall rapidly