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Fastmarkets NewGen Minor Metals short-term forecasts

Understand the short-term dynamics in the cobalt market

The minor metals, notably cobalt and cobalt salts, play a key role in the new generation of energy. The short-term view is particularly vital as new sources are coming online to diversify the supply chain and reduce ESG concerns for automakers.

Whether the priority is to optimize buying and selling strategies, understand the best contract structures, or increase the battery chemistry options as ESG risks decline, the Fastmarkets NewGen Minor Metals short-term forecasts give market participants the ability to translate clarity to financial performance.


The Fastmarkets NewGen Minor Metals short-term forecasts include:

  • 2-year price forecasts for cobalt standard grade 
  • Market dynamics and sentiment for the EV market, including competing cathode chemistries: high nickel cobalt dependent versus lithium ferro-phosphate 
  • 2-year price forecasts for silicon used in the manufacturing of ferro-silicon 
  • Average monthly spot price allowing the calculation of the value of contracts using the Fastmarkets cobalt benchmarks over their term 
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We also offer short-term forecasts for industrial minerals, click here to find out more
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    Short-term forecast methodology

    We recognize the importance of being clear about our price assessment and index process. Our independently audited pricing process aligns with core IOSCO principles. Read more about the minor metals short-term forecast methodology and price specifications here.

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    Browse minor metals insights

    Read some of the latest market coverage from our team of price reporters, researchers and editorial team from across the globe

    Electrical Device, Solar Panels, Aircraft
    Cobalt price slips to new low amid persistent oversupply

    The price of standard-grade cobalt has fallen to its lowest so far this year in the week ending Friday September 20, on slow demand and continued oversupply.

    September 20, 2024
     · 
    By: Sahil Shaw
    Can, Tin, Weapon
    Nth Cycle CEO interview: Commercial operations start in Ohio and modularity a necessity in US critical materials supply chain

    Critical metal refiner Nth Cycle became the first company in the US to produce premium nickel-cobalt mixed hydroxide precipitate (MHP) this week, when it began commercial-scale operations on Monday September 9

    September 17, 2024
     · 
    By: Kirstyn Petras
    Cobalt up close as mineral
    Cobalt market split over CMOC’s expectation of easing supply pressure

    CMOC expects its growth rate of cobalt supply to gradually ease in the second half of 2024, the company said on August 23. Market participants, however, were divided in their response to the announcement, with some expecting the output reduction to alleviate the current imbalance between supply and demand in parts of the market.

    September 12, 2024
     · 
    By: Sahil Shaw
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