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Welcome to the January 2020 cobalt miner news. The past month saw cobalt prices move sideways and a very quiet month for news. Cobalt price news As of January 20, the cobalt spot price was US$14.52/lb , about the same as US14.74/lb last month. The LME cobalt price is US$31,500/tonne . ...
Welcome to the December 2019 cobalt miner news. The past month saw cobalt prices move lower. The big news for the month was Glencore's Mutanda mine in Congo shuts down a month early. Also I noticed Glencore's cobalt production guidance remains lower (no Mutanda) for 2020, 2021, and 2022. Thi...
Welcome to the November 2019 cobalt miner news. The past month saw cobalt prices move sideways, and plenty of news from the cobalt miners. The biggest news/shock for the month was the massive Katanga Mining C$7.6b discounted rights offering to pay back debt owed to Glencore. Clearly this has a...
Welcome to the October 2019 cobalt miner news. The past month saw cobalt prices slightly lower after recent rises; however, LME inventory fell significantly. The biggest news for the month was the multi-year LG Chem (LGCLF) deal to acquire cathode material from Umicore. LG is said to be supply...
Welcome to the September 2019 cobalt miner news. The past month saw cobalt prices recover strongly, and a quieter month for news flow. Cobalt price news As of September 18, the cobalt spot price was US$16.56/lb , up significantly from US14.29/lb last month. The LME cobalt price is US$...
Welcome to the August 2019 cobalt miner news. The past month saw cobalt prices rise strongly, and several companies announce they are terminating or cutting back cobalt production due to low prices. This follows on from ERG's decision to cut cobalt output earlier in the year, and many DRC ar...
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 f...
Welcome to the June 2019 cobalt miner news. The past month saw cobalt prices lower, and solid progress from the cobalt miners despite the poor sentiment and cobalt prices. RNC Minerals had a blockbuster month. Cobalt price news As of June 20, the cobalt spot price was US$12.70 /lb, d...
Welcome to the May 2019 cobalt miner news. The past month saw cobalt prices flatline, and steady progress from the cobalt miners. Cobalt price news As of May 21, the cobalt spot price was US$15.76 /lb, down slightly from US16.10/lb last month. The LME cobalt price is US$34,000 /tonne....
Welcome to the April 2019 cobalt miner news. The past month saw cobalt prices recover and move about 10% higher. Despite this the cobalt miners remain subdued due to the generally weak cobalt pricing environment. Cobalt price news As of April 18, the cobalt spot price was US$ 16.10 , ...