Clarification of methodology for exw USA black mass payables

Fastmarkets wishes to clarify details around the following aspects of the pricing methodology for MB-BMS-0014 Black mass, NCM/NCA, payable indicator, cobalt, max 5% moisture, exw USA, % payable Fastmarkets’ standard-grade cobalt price (low-end) and MB-BMS-0015 Black mass, NCM/NCA, payable indicator, nickel, max 5% moisture, exw USA, % payable LME Nickel cash official price.

To increase the transparency of our methodology, Fastmarkets clarifies that the erroneous word “domestic” was eliminated from the former price names, Black mass, NCM/NCA, payable indicator, cobalt, domestic, exw USA, % payable Fastmarkets’ standard-grade cobalt price (low-end), and Black mass, NCM/NCA, payable indicator, nickel, domestic, exw USA, % payable LME Nickel cash official price.

You can find the updated methodology for black mass payables here: https://www.fastmarkets.com/methodology/metals/non-ferrous/.

To provide feedback on this clarification for the cobalt exw USA payable methodology, please contact pricing@fastmarkets.com and industrialminerals@fastmarkets.com. Please add the subject heading “re: US black mass.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

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