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2024-04-25 04:31:48 ET Summary Cobalt spot prices were slightly lower for the month. LME inventory was unchanged for the month. Cobalt market news - S&P Global - Cobalt metal market was seen oversupplied through Q2 as demand subdued. Cobalt miners news - Glencore and EVelu...
2024-03-24 06:50:39 ET Summary Cobalt spot prices were flat for the month. LME inventory was flat for the month. Cobalt market news - Elliott Management's Hyperion to seek billion-dollar mining assets as metals demand grows, including metals for EVs and renewable energy. Cobal...
2024-02-23 13:10:04 ET Summary Cobalt spot prices were slightly lower for the month. LME inventory was flat for the month. Cobalt market news - Fastmarkets forecasts a widening surplus in the global cobalt market in 2024. U.S. moves to restore stockpiling "panic button" in EV meta...
2024-01-25 17:05:40 ET Summary Cobalt spot prices were flat for the month. LME inventory was unchanged for the month. Cobalt market news - Oversupply, low prices for cobalt to persist in 2024 as demand slips. Most cobalt producers loss-making after 2023 price slump. Cobalt min...
2023-12-23 01:13:46 ET Summary Cobalt spot prices were lower for the month. LME inventory was flat for the month. Cobalt market news - U.S. releases FEOC rules. U.S. to create a critical mineral 'Resilient Resource Reserve' to "sustain" the price of a critical mineral when prices ...
2023-11-26 07:28:33 ET Summary Cobalt spot prices were flat for the month. LME inventory was flat for the month. Cobalt market news - Government of Canada to enhance critical minerals sector with launch of $1.5 billion Critical Minerals Infrastructure Fund. Cobalt miners news ...
2023-10-25 10:31:08 ET Summary Cobalt spot prices were flat for the month. LME inventory was flat for the month. China plans to boost state cobalt reserves after prices drop. Cobalt market news - BMI and Morgan Stanley forecast global cobalt surpluses this year of 17,000t and 47,0...
2023-09-22 05:49:40 ET Summary Cobalt spot prices were flat for the month. LME inventory was about the same for the month. Cobalt market news - Fastmarkets: Low demand, oversupply weigh on cobalt market as the market shifts towards LFP batteries with no cobalt. S&P Global fore...
2023-08-25 02:49:16 ET Summary Cobalt spot prices were flat for the month. LME inventory was flat for the month. Cobalt market news - Glencore considers reducing cobalt production or boosting inventory to support cobalt prices. Cobalt miners news - Trafigura’s $600 mill...
2023-07-26 12:16:24 ET Summary Cobalt spot prices were significantly higher for the month. LME inventory was unchanged for the month. Cobalt market news - "Most analysts predict supply will continue to exceed demand in 2023". LFP batteries extend dominance over NCM batteries in Ch...
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In recent years, interest in cobalt has increased due to its use in lithium -ion batteries used to power electric cars. The Democratic Republic of Congo (DRC) is the world’s largest producer of cobalt by far, with its output reaching 95,000 tonnes last year — a...
The coronavirus outbreak continues to dominate headlines around the world as the entire globe stands together to fight the pandemic. For commodities the impact has been diverse, with battery metals investors watching closely to see how supply chains could be disrupted and for how lon...
The Democratic Republic of Congo (DRC) has set a two day lockdown on copper- and cobalt-mining province Haut-Katanga and has closed the public markets of neighboring Lualaba province. The measures come after two COVID-19 cases were confirmed on a flight, prompting the governor of Haut-Katang...