Fastmarkets received an array of feedback regarding the proposed changes following the publication of the initial consultation on February 24 and the subsequent extension to the consultation on March 26 to April 9.   After carefully reviewing the feedback received, Fastmarkets has decided to proceed with the inclusion of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, and […]

A recent consultation sought feedback on the inclusion of brands into the cobalt standard grade brand list. The feedback received was mixed in its support of adding a powder brand; as a result, Fastmarkets is reopening part of the previous consultation to seek further feedback and clarity on the proposed change. Due to a limited […]

Read Fastmarkets' monthly battery raw materials market update for April 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more

Critical minerals appear to be exempt from the 'reciprocal' tariffs introduced by Donald Trump on Wednesday April 2; US trade paralyzed by confusion, market participants reported.

Fastmarkets proposes to amend its daily price assessment for cobalt, standard grade, in-whs Rotterdam, with the additions of Greatpower cut cathodes, Hanrui cut cathodes, Lygend cut cathodes, Tengyuan cut cathodes and Umicore S1 powder to the brand list. The changes to the specification would be as follows, with the proposed new brands in italics: MB-CO-0005 cobalt standard grade, […]

There was a typographical error with the figure for the top end of the range being incorrect in the first line of the rationale. This read: “Fastmarkets’ price assessment for cobalt standard grade, in-whs Rotterdam, was $15.10-16.00 per lb on Monday March 24, widening down from $15.70-16.50 per lb in the previous session.” The correct version […]

Cobalt market dynamics are intensifying as the DRC's export suspension fuels volatility, raises supply chain concerns, and impacts global pricing and investments

Read Fastmarkets' monthly battery raw materials market update for March 2025, focusing on raw materials including lithium, cobalt, nickel, graphite and more

MB-CO-0004 Cobalt alloy grade, in-whs Rotterdam, $/lb MB-CO-0005 Cobalt standard grade, in-whs Rotterdam, $/lb These prices are a part of the Fastmarkets minor metals package. Additionally, the publication of Fastmarkets’ MB-CO-0023 cobalt hydroxide, min 30% Co, inferred, China price for Monday March 10 was delayed because of an administrative error. Fastmarkets’ pricing database has been updated. MB-CO-0023 cobalt […]

The Democratic Republic of Congo (DRC) has moved to impose a suspension on exports of cobalt for four months due to the low-price environment at the start of the year, according to documents seen by Fastmarkets and sources close to the situation.