Understand the implications of cobalt prices soaring as global supply tightens and demand increases ahead of 2026.

CME cobalt trading has reached new heights in 2025, with record volumes reflecting industry dynamics and investment interest.

On Wednesday December 3, the EU unveiled its ReSourceEU Action Plan, providing new guidance on critical raw materials supply, with a renewed emphasis on defense and $3.5 billion in funding for the coming year.

Explore the efforts of the US government in critical mineral stockpiling and the challenges involved in securing these vital materials.

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous metals, via an open consultation process between October 13 and November 12, 2025. This consultation was done as part of our published annual methodology review process.

Explore the evolving market for base metals as nickel faces competition from lithium iron phosphate alternatives.

Fastmarkets will apply moisture limits of maximum 5% on its black mass payables indicators across several of its markets following a one-month consultation period.

With cobalt exports from the Democratic Republic of Congo (DRC) set to resume in a few days’ time, the LME Week event in London has so far served as a mixing pot for opinions on how far the current price rally could go and the blue metal’s long-term future – from a perspective of both upstream DRC policy and downstream battery chemistry.

Xerion Advanced Battery Corp. is about to commission a 50-tonne cobalt production unit in Dayton, Ohio, part of its strategy to scale early annual output to 2,000 tonnes.

The US Defense Logistics Agency has canceled its contract opportunity to purchase up to 7,500 tonnes of alloy-grade cobalt due to unresolved issues with the statement of work. The cancellation comes amid a sharp rise in cobalt prices, with the agency indicating the solicitation will be reissued once the issues are resolved.