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Welcome to the May 2020 cobalt miner news. The past month saw cobalt prices flat and a quiet month of news from the cobalt producers. The cobalt juniors made some excellent progress. Cobalt price news As of May 20, the cobalt spot price was US$13.38/lb , the same as US13.38/lb last mon...
Welcome to the April 2020 cobalt miner news. The past month saw cobalt prices unchanged and lots of news related to COVID-19 causing weaker demand and supply, and some miners cutting projects and costs. We also had the big news of Glencore taking Katanga Mining private. Cobalt price news ...
Welcome to the March 2020 cobalt miner news. The past month saw cobalt prices fall and a subdued month of news as the world comes to terms with the coronavirus. Cobalt price news As of March 19, the cobalt spot price was US$13.38/lb , down from US15.20/lb last month. The LME cobalt pri...
Welcome to the February 2020 cobalt miner news. The past month saw cobalt prices rise slightly and a busy month for market and company news. Cobalt price news As of February 20, the cobalt spot price was US$15.20/lb , up from US14.52/lb last month. The LME cobalt price is US$33,000/to...
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...
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With the beginning of summer came skyrocketing nickel prices, which found themselves making major leaps and bounds in the sun. The base metal ’s price point managed to surpass most analysts’ expectations, raising interest about what was kindling the hot commodity. From propose...
After spending most of the summer on a major high, iron ore prices fell below the US$100 per tonne mark this week. While most base metals faced a bumpy week, iron ore hit a major snag in the last 10 days. Closing at US$120.02 per tonne on July 31, the metal would reach lows of US$96.56 b...
As the electric vehicle (EV) industry continues to boom, nickel prices have recently been soaring. With the commodity continuing to grow, companies and countries alike have been eager to jump on the production bandwagon. Having said that, it’s worth keeping in mind which countries h...