Brazilian miner Vale has signed a binding agreement with Manara Minerals of Saudi Arabia under which the latter will buy a stake in Vale Base Metals (VBM), the holding entity for the South American company’s Energy Transition Metals (ETM) business, it announced on Thursday July 27

Fastmarkets invites feedback on a proposal to increase the publication frequency of cobalt hydroxide index 30% Co min, cif China, $/lb, from once per week to daily.

Tata Group announced this week that it is to invest £4 billion ($5.2 billion) in a 40GW battery cell 'gigafactory' in the UK - producing both lithium and cobalt-based batteries for car manufacturers in the UK and across Europe

Higher prices for cobalt metal have led to increased interest for assays of lithium cobalt oxide (LCO) black mass in Asia, sources told Fastmarkets on Wednesday July 12

China’s State Reserve Bureau (SRB) is planning to purchase a large volume of cobalt metal for its stockpile, market participants told Fastmarkets on Wednesday July 5

The CME Group will launch a cash-settled lithium carbonate contract that will be settled against Fastmarkets’ assessment for lithium carbonate 99.5% Li2CO3 min, battery grade, spot prices cif China, Japan & Korea

China will extend its tax breaks for the purchase of new energy vehicles (NEVs) between 2024 and 2027

Fastmarkets proposes to amend the specifications for its weekly payable indicators for black mass in South Korea.

Fastmarkets invited feedback from the industry on the pricing methodology for cobalt hydroxide, min 30% Co, inferred, China, $lb, via an open consultation process between May 4 and June 1, 2023. This consultation was done as part of our published annual methodology review process.

Delegates at the Cobalt Congress conference in Istanbul, Turkey, held May 9-11, discussed expectations and developments in the global cobalt market following a volatile 12 months. Here are four key takeaways