Correction to Fastmarkets’ South Korea NCM/NCA black mass prices cobalt, nickel payables

Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.

The assessments for MB-BMS-0001 black mass, NCM/NCA, payable indicator, nickel, cif South Korea, % payable LME Nickel cash official price, and MB-BMS-0002 black mass, NCM/NCA, payable indicator, cobalt, cif South Korea, % payable Fastmarkets’ standard-grade cobalt price (low-end), have been corrected to 73-75% from the originally published values of 69-75%.

Fastmarkets’ price book and database have been updated to reflect this change.

For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Lee Allen by email at: pricing@fastmarkets.com. Please add the subject heading: “FAO: Lee Allen Re: South Korea black mass.”

To see all Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/about-us/methodology.

What to read next
The following prices were affected: MB-STE-0007 Steel hot-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0005 Steel cold-rolled coil domestic monthly, exw Brazil, reais/tonne MB-STE-0006 Steel hot-dipped galvanized coil domestic monthly, exw Brazil, reais/tonne MB-STE-0008 Steel reinforcing bar (rebar) domestic monthly, delivered Brazil, reais/tonne These prices are a part of the Fastmarkets steel package. For more information or to provide […]
Fastmarkets proposes to discontinue the following duplicate prices, which were previously assessed on a US timestamp and also assessed in Asia, to better reflect observed market liquidity and based on previously received market feedback. Fastmarkets assessed these markets in both the US and Asia following the acquisition and merger of The Jacobson and Palm Oil […]
Fastmarkets has proposed several changes to the methodologies for its suite of global palm and lauric oil methodologies to give more insight into how these prices are assessed. It is also clarifying the timing and monthly rolls of several assessments. Fastmarkets has observed growth and market interest in these prices and wishes to give more […]
Explore the base metals outlook 2026 and learn how market trends are impacting copper, tin, and other metals this year.
On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year.
Fastmarkets proposes to amend the pricing frequency of its copper grade A cathode premium, delivered Germany; copper grade A cathode premium, cif Leghorn; and copper EQ cathode premium, cif Europe to one a week from the current fortnightly basis, effective December 30.