- Cobalt spot prices were significantly higher for the month, LME inventory unchanged. Analysts forecast lower cobalt prices in 2022. BNEF forecasts cobalt prices likely to stay elevated in 2022.
- Cobalt market news - China’s growing control of global minerals supply leaves the US in the dust. The scramble for EV battery metals is just beginning.
- Cobalt miners news - Glencore ups copper, cobalt production forecasts on Katanga strength, Mutanda return. Huayou Cobalt’s Indonesia nickel JV starts trial production. Umicore and Volkswagen to create European JV.
- Electra Battery Materials (formerly First Cobalt Corp.) changes TSXV ticker from FCC to ELBM. Jervois Global ICO on track for cobalt production in Q3 2022. Sunrise Energy Metals, Sunrise project awarded Major Project Status.
For further details see:
Cobalt Miners News For The Month Of December 2021