Welcome to the July 2019 cobalt miner news. The past month saw cobalt prices slightly higher, and a quiet month for cobalt company news. Industry consolidation continues with several deals ongoing.
Cobalt price news
As of July 19, the cobalt spot price was US$12.93/lb, up slightly from US12.70/lb last month. The LME cobalt price is US$26,500/tonne. LME Cobalt inventory was 840 tonnes, a slight fall in July. More details on cobalt pricing (in particular the more relevant cobalt sulphate), can be found here at Fast Markets MB.
Cobalt spot prices - 1-year