- Cobalt spot prices were down for the month and LME cobalt inventory was unchanged.
- Cobalt market news - US declares a national emergency to deal with the threat of US critical materials supply. Glencore trader Brocas says OEMs seeking 5-10 year deals for cobalt.
- Wood Mackenzie -"Not so fast — Tesla, other EV makers can’t cut cobalt just yet." Auto makers grapple with battery-fire risks in electric vehicles (? due to extreme cobalt thrifting).
- Cobalt miners news - Jervois Mining releases BFS for Idaho Cobalt Operations and acquires the São Miguel Paulista nickel and cobalt refinery in Brazil.
- Global Energy Metals announces payment to acquire 85 percent interest in highly prospective Nevada-based battery mineral (cobalt-nickel & cobalt-copper) projects.
For further details see:
Cobalt Miners News For The Month Of October 2020