- 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 signs cobalt deal with Glencore. Putin decrees to remove Russian stocks from overseas exchanges. Electra announces Nasdaq listing application and 18:1 share consolidation.
- Fortune Minerals confirms new zone at NICO Project. Global Energy Metals intersects nickel, copper and cobalt mineralization with Phase One drilling at the Lovelock Mine Property.
For further details see:
Cobalt Miners News For The Month Of April 2022