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.

Increased metal refining capacity in China and Indonesia has led to a rise in production of Chinese and Indonesian cobalt metal brands. Data gathered from pricing sessions shows an increase in the trading activity of these brands on a spot and forward basis in the in-whs Rotterdam market. This data also shows these brands transacting […]

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

Africa’s first transcontinental rail network, known as the Lobito Corridor, which aims to eventually connect almost the entire regional copper-cobalt belt with additional links across sub-Saharan Africa, is on track to break ground early in 2026, a senior official at the US Department of State told Fastmarkets.

Fastmarkets has corrected its MB-CO-0005 cobalt standard grade in-whs Rotterdam price assessment, which was published incorrectly on Monday January 13, 2025, due to a reporter error.

Reducing reliance on China’s hugely successful critical minerals supply chain dominance was never going to be easy, as some western mining companies are finding out the hard way.