CMCLF News and Press, China Molybdenum Co H Shs From 01/24/23

Summary Cobalt spot prices were lower for the month, LME inventory was lower for the month. Cobalt market news - BMI anticipates that cobalt prices will fall in early 2023 given surplus forecasts. Project Blue forecasts cobalt prices should strengthen as the year goes on. Cobalt min...

Summary Cobalt spot prices were flat for the month. LME inventory was also flat for the month. Cobalt market news - Cobalt metal prices diverge on demand shifts due to strength in aerospace demand and weakness in battery demand notably from consumer electronics. ERG: "Total demand f...

Summary Cobalt spot prices were flat for the month, LME inventory was slightly lower. Cobalt market news - Strong cobalt production and weaker demand has pushed the cobalt market into a significant surplus this year. The U.S. DoE awards $2.8 billion in grants. Cobalt miners' n...

Summary Cobalt spot prices were up slightly for the month, LME inventory was lower. Cobalt market news - BMI: The world will need 62 new cobalt mining projects of 5,000tpa by 2035, 38 if recycling is factored in. Cobalt miners news - Vale and Huayou plan to build an $1.8b HPAL...

China Molybdenum press release ( OTCPK:CMCLF ): 1H GAAP EPS of RMB0.19. Revenue of RMB91.77B (+8% Y/Y). For further details see: China Molybdenum GAAP EPS of RMB0.19, revenue of RMB91.77B

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Cobalt spot prices were significantly lower for the month, LME inventory was lower. Cobalt market news - Chinese demand for cobalt weakens. Ernst, Manchin seek to end U.S. Dependence on China for defense materials. Cobalt miners news - CMOC's Congo mine suspends copper and cobalt ...

Cobalt spot prices were slightly lower for the month, LME inventory was flat. Cobalt market news - Severe global battery shortage likely post 2025, GlobalData forecasts. Goldman says bull market in battery metals is finished for now, prices could soar again after 2024. Cobalt mine...

Copper and other industrial metals fell again on Friday, as renewed COVID-19 restrictions in China threaten to derail the economy's reopening. Three-month copper (HG1:COM) on the London Metal Exchange fell slightly to $9,583.50/metric ton after dropping 1.2% in the previous session, while LME...

Cobalt spot prices were flat for the month, LME inventory was lower. Cobalt market news - Biden invokes Defense Production Act to boost domestic production of critical materials for batteries. Canada to spend C$3.8B to support their EV metals industry. Cobalt miners news - GM sign...