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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...
2023-06-01 09:32:35 ET Summary Nickel spot prices were significantly lower the last month. Nickel market news - Nickel faces huge supply glut of Class 2 nickel as Indonesian output booms; however Class I nickel demand is very strong with LME inventory levels declining. Nickel ...
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...
2023-04-29 17:04:05 ET IGO Limited (IPGDF) Q3 2023 Results Conference Call April 27, 2023 08:00 PM ET Company Participants Matt Dusci - Acting CEO Kath Bozanic - CFO Conference Call Participants Rahul Anand - Morgan Stanley Australia Matt Greene - Cre...
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...
2023-03-31 07:13:18 ET Summary Nickel spot prices were lower the last month. Sprott launches Nickel Miners ETF. Nickel market news - EU Critical Raw Materials Act 10% of critical raw materials mined in Europe by 2030. Ford CEO says lithium and nickel are the key constraining commo...
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 Nickel spot prices were slightly lower the last month and the LME inventory was lower. Nickel market news - ING: Short-term pressure for nickel due to a surplus in the market, but said prices should see some support from tight conditions for Class 1 nickel. Nickel company ne...
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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Australia’s Orocobre (TSX: ORL ,ASX:ORE) and Galaxy Resources (ASX: GXY ,OTC Pink:GALXF) agreed this week to join forces in a AU$4 billion “merger of equals.” The deal comes as demand for lithium for electric vehicle (EV) batteries continues to pick up pace. ...