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The cobalt market has seen unprecedented changes in the last few years, making it more important than ever to access trustworthy and impartial insight into this market. 

Our prices are considered the benchmarks for this industry and relied on by producers, consumers and traders around the world to make informed business decisions. 

Wherever you sit on the cobalt value chain, you can rely on the information we provide to help ensure you manage risk effectively and successfully spot opportunities.

Our cobalt prices

Our standard-grade cobalt price is accepted as the global benchmark for the industry.

In addition, we also assess a range of different specifications including alloy-grade, hydroxide and sulphate prices. These further enable participants of the changing cobalt market to manage their risk and take advantage of opportunities effectively.

Explore our cobalt prices

Our price assessment process

Being clear about our price assessment and index process is important. You can be confident that our pricing process is impartial, market reflective and market aligned.

Our methodology is aligned with core IOSCO principles and we have successfully completed an assurance review (from PricewaterhouseCoopers) for our financial benchmarks. 

Price assessment workflow infographic

View our cobalt price methodology

We also publish trade logs which lay out business, bids and offers that have been used to inform our price assessments. View an example here.



LME Cobalt (Fastmarkets MB), a cash-settled derivative contract provides the cobalt market with a much-needed risk management tool, settled on our standard-grade cobalt price.

Access the contract specification