Welcome to the February 2020 cobalt miner news. The past month saw cobalt prices rise slightly and a busy month for market and company news.
Cobalt price news
As of February 20, the cobalt spot price was US$15.20/lb, up from US14.52/lb last month. The LME cobalt price is US$33,000/tonne. LME Cobalt inventory was 649 tonnes, slightly lower than last month (662 tonnes). More details on cobalt pricing (in particular the more relevant cobalt sulphate), can be found here at Benchmark Mineral Intelligence or Fast Markets MB.
Cobalt spot prices - 5-year chart