- Cobalt spot prices were flat for the month and LME cobalt inventory was about the same.
- Cobalt market news - Analyst's forecast cobalt prices either steady in 2021 or picking up slightly. EV makers eye bigger battery-metals role by inking mining deals.
- Cobalt miners news - Re|Source cements partnership with Tesla for responsible mining. Glencore and Britishvolt sign strategic partnership for long-term supply of cobalt.
- Jervois Mining (now Jervois Global Limited) to acquire Freeport Cobalt for US$160 million, Jervis to raise A$313m. Binding offtake agreement with LG Energy Solution for supply of mixed nickel-cobalt hydroxide from the Sconi Project.
For further details see:
Cobalt Miners News For The Month Of August 2021