Chinese cobalt producer GEM Co Ltd has signed a cobalt supply contract with Switzerland-based miner-trader Glencore, locking in cobalt hydroxide supply for the next five years, the companies announced on October 7.

Surging investment across the battery raw materials supply chain, stemming from growing demand for electric vehicles, has fueled an increasing appetite for transparent market intelligence.

Global cobalt prices came under mounting pressure in December, with the bearish outlook for 2019 and forecast oversupply showing no signs of relenting and sellers rushing to get stocks off their books ahead of the year-end.

London Metal Exchange Week, the largest annual gathering of metals and mining figures in the world, is set to begin on Sunday October 27.

China’s month-on-month new electric vehicles (NEV) sales rebounded in August after month-on-month declines in June and July.

An overview of the battery raw materials markets and their latest price moves.

Metal Bulletin has launched a price assessment for cobalt sulfate, 20.5% min Co, ex-works China, published as a $ per lb adjustment to the low end of Metal Bulletin’s existing benchmark low-grade cobalt price assessment.

A global shortage of steel slab is a key factor in rocketing flat steel prices, market sources told Fastmarkets this week.

China’s crackdown on imports of lead waste products has sent ripples through the smelting industry there, with some companies pondering capacity cuts amid one of the tightest concentrate markets in years.

After United States sanctions cut off supplies of microchips for Huawei smartphones, alarm bells began to ring out across all Chinese industries deemed as pivotal to the country’s future development, but reliant on imported materials.