Justin Yang

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Imports of Russian cobalt into the US are to face an increased tariff of 45%, which will come into effect after President Biden signs a bill passed by US Senate overnight to suspend normal trade relations with Russia and Belarus
The premium for alloy grade cobalt metal over standard grade narrowed in the week ended Friday April 1, with tight supply prompting some market participants to take whatever material is available
Fastmarkets proposes to amend the publication time of its inferred China cobalt hydroxide price assessment from 3:00 pm London time to 3:30 pm.
Availability concerns on certain materials and in specific regions have been supporting the emergence of a premium for alloy-grade cobalt against standard-grade material, compounded by the backdrop of the Russia-Ukraine war and its potential effect on flows of Russian cobalt
Battery producers will have to grapple with historically high prices across different chemistries with most raw material prices facing a deepening supply crunch, potentially making decarbonization of the transportation sector more expensive in the longer term
A bullish long-term outlook for lithium has resource-rich Argentina looking to incentivize bringing more projects into the country over the next three years to meet soaring global demand for the battery raw material
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As demand for cobalt continues to significantly increase, actors in the supply chain look to ensure they can access more sustainably sourced battery raw materials
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