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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...
2023-06-24 08:25:41 ET Summary Cobalt spot prices were significantly lower for the month. LME inventory was slightly lower for the month. Cobalt market news - Cobalt price has fallen nearly 30% this year due to weak demand and oversupply. Cobalt miners news - Huayou Cobalt set...
2023-05-25 12:14:55 ET Summary Cobalt spot prices were flat for the month, and LME inventory was lower for the month. Cobalt market news - Cobalt to remain key EV raw material despite substitution threat. Fastmarkets’ research analysts forecast cobalt will reach an oversupp...
2023-04-25 06:05:21 ET Summary Cobalt spot prices were up slightly for the month, LME inventory was down for the month. Cobalt market news - Cobalt market to stay volatile after record mine output in 2022. Cobalt miners news - CMOC gets Congo deal to free stockpile of copper a...
2023-03-29 08:37:16 ET Summary Cobalt spot prices were lower for the month, LME inventory was lower for the month. Cobalt market news - EU Commission wants 10% of critical raw materials mined in Europe by 2030. Fastmarkets forecast cobalt surplus of 4,000t in 2023, increasing to 1...
Summary Cobalt spot prices were down significantly for the month, and LME inventory was down for the month. A shift towards LFP batteries has not helped cobalt demand in China. Cobalt market news - BMI: Cobalt rout continues into 2023 due to limited demand from consumer electronics, a s...
Summary Driven by a cobalt price rally and cost reduction, some copper-cobalt miners are actively assessing restart and expansion opportunities. The cobalt price has had strong momentum since the beginning of 2021, with the London Metal Exchange cash price increasing 52% by Aug. 31. ...
Summary Cobalt spot prices were lower for the month, LME inventory was lower for the month. Cobalt market news - BMI anticipates that cobalt prices will fall in early 2023 given surplus forecasts. Project Blue forecasts cobalt prices should strengthen as the year goes on. Cobalt min...
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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...