Electra Battery Materials Corp has signed a battery recycling and cobalt sulfate supply agreement with Japanese conglomerate Marubeni Corp, the Canada-based company said

The suite of commodities contracts will include cobalt metal, cobalt hydroxide, lithium carbonate and lithium hydroxide

Fastmarkets has corrected its daily cobalt hydroxide inferred price, which was published incorrectly during January 4-6 because of a technical issue

Covid-19 pandemic was period of high highs, low lows for battery raw materials, copper, aluminium – 2022 looks set to be smoother year for prices, supply, demand

Fastmarkets analyst William Adams and reporter Alexander Cook size up the cobalt market ahead of LME Week, which begins Monday October 11

Fastmarkets, the industry-leading cross-commodity price reporting agency (PRA), is delighted to announce the successful completion of an independent assurance review of 34 key metals benchmarks.

Chinese battery materials producer Xiamen Tungsten New Energy Materials (XTC) has struck a deal with CNGR Advanced Materials Co for the supply of cobalt tetroxide and ternary precursor materials, XTC announced on Wedmesday September 15.

China’s cobalt tetroxide prices drifted lower in the week to Wednesday September 1, due to weak demand from battery producers, while cobalt sulfate prices remained rangebound, with producers rejecting lower bids.

Battery supply chain participants have prioritized securing lithium in the second half of 2021, but nickel has also been a headache for sourcing directors, who are less concerned about cobalt supplies, a Fastmarkets survey has found.

Civil unrest, Covid-19 and supply curbs – three factors that could keep cobalt prices high through 2021