Less than a year after launching, open interest on the Chicago Mercantile Exchange (CME) cobalt hydroxide futures contracts has reached 1,000 lots, an all-time high

Read Fastmarkets' monthly battery raw materials market update for August 2024, focusing on raw materials including lithium, cobalt, nickel, graphite and more

Understanding the greatest risks and the impacts to the supply chains of critical raw materials including battery raw materials, green metals and rare earths

Chinese cobalt metal prices plummeted on Friday July 26 to the lowest level since July 2016, which market participants attributed to a surge in production and weak downstream demand

Fastmarkets has corrected the rationale for its MB-CO-0020 cobalt hydroxide 30% Co min, cif China, $/lb price, which was published incorrectly on Friday July 26.

The opening line of the rationale incorrectly listed the price range as $6.60-6.80 per lb. This has been corrected to $6.40-6.60 per lb. The published price is unaffected by this change. This price is part of the Fastmarkets minor metals package. For more information or to provide feedback on this correction notice or if you […]

Chinese mining giant CMOC reported a 178% year-on-year increase in cobalt metal production for the first six months of 2024, according to an announcement by the company on Friday July 12

China’s nickel-cobalt-manganese (NCM) battery output in June registered fell to 20.5 gigawatts hours (GWh), down by 1.5 GWh, or 6.8%, from the 22 GWh in May, and down by 3.7 GWh, or 15.3%, from the 24.2 GWh in March, according to the data from China Automotive Battery Innovation Alliance (CABIA)

The publication of Fastmarkets’ MB-CO-0004 cobalt alloy grade, in-whs Rotterdam and MB-CO-0005 cobalt standard grade, in-whs Rotterdam assessments for Friday July 12 were delayed because of a technical error. Fastmarkets’ pricing database has been updated.

Read on as Fastmarkets delves into a monthly market update, focusing on the dynamic and fast-evolving sector of battery raw materials