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 
More short-term forecasts
We also offer short-term forecasts for industrial minerals, click here to find out more
    Strips of solar panels

    Would you like to speak to one of our experts or request a product demo?

    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.

    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

    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

    More Fastmarkets NewGen products to help you

    Keep on top of volatility with battery materials news and intel

    Trade on market-reflective prices

    Gain a competitive edge in the emerging battery recycling market

    Providing greater transparency into the cost of key Li-ion cell components

    Fastmarkets’ energy events give you a front-row seat to one of the most dynamic and critical markets in today’s economy as we make the strategic transition to a low-carbon economy.

    Enable risk management using futures contracts