- Cobalt spot prices were slightly lower for the month and LME cobalt inventory was slightly lower.
- Cobalt market news - President Biden’s $2.25 trillion infrastructure package proposes a $174 billion investment "to win the EV market".
- Cobalt miners news - CATL takes stake in China Moly cobalt mine for $137.5 million. First Cobalt signs 100% of offtake agreement and agreement for US$45m debt funding.
- Global Energy Metals enters into Definitive Agreement to acquire a strategic interest and NSR Royalty on past-producing Norwegian Nickel-Copper-Cobalt Project (“The Råna Project”).
For further details see:
Cobalt Miners News For The Month Of April 2021