With the volatility of the battery raw materials market, commodity hedging investments can help to mitigate potential losses

Market sources reported that China’s State Reserve Bureau (SRB) is planning to stockpile cobalt metal, which limited cheaper export offers from the country and helped stabilize international cobalt prices on Tuesday August 9

China’s cobalt sulfate and cobalt metal prices trended down in June after a slight pick-up in demand failed to offset the headwinds of sufficient supply and bearish sentiment following the lifting of Covid-19 lockdowns in Shanghai on June 1.

Constrained EV demand causes further Chinese cobalt sulfate price weakness, which has started to push hydroxide payables lower, despite additional supply issues affecting exports from southern Africa

DRC minister, Julien Paluku Kahongya, says regulation of artisanal mining is the way forward to ensure sustainable and ethical cobalt production for the battery raw materials market

Participants in China's battery raw materials market are still struggling to recover from the latest Covid-19 outbreak in the country and the related lockdown measures imposed to prevent further spread of the virus

Surging prices for battery raw materials including lithium, cobalt, nickel and graphite, and the supply/demand imbalance from the lack of investment extraction and production were key topics from our recent risk outlook webinar

Cobalt market participants attending last week’s MMTA conference in Sheffield, UK, claimed that cobalt price rises that have supported the market since the beginning of the year will not lead to falling demand from the quickly-growing battery industry

Producers are increasingly finding it hard to transport their copper and cobalt out of operation sites in the Democratic Republic of Congo (DRC), due to truckers choosing to stay away from the country's border

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