Cobalt – MetalBulletin reported that if prices for cobalt metal remain under $13 per pound, Chinese buyers will likely switch to metal from concentrate.
Articles Tagged "cobalt prices"
Cobalt – MetalBulletin reported that both low- and high-grade cobalt prices are steady as market players wait for direction from the Cobalt Development Institute conference scheduled for next week. Prices for low-grade cobalt sit between $12.50 and $14 per pound, while high-grade prices are between $12.90 and $14.10 per pound.
Cobalt – Mining Weekly reported that the price of high-grade cobalt has been on the rise since the beginning of the year and is now sitting at $13.50 per pound. The price is being pushed up by low cobalt supplies and uncertainty about the availability of concentrate from the Democratic Republic of the Congo.
Cobalt – Formation Metals announced that as a result of low cobalt prices and market uncertainty, for the moment it will not be continuing with development at its flagship Idaho cobalt project.
Cobalt – Platts reported that 2013 is likely to see a price restructuring for cobalt, according to a new report from Darton Commodities.
Cobalt – Cobalt Investing News sat down with Rick Honsinger, vice president of corporate communications at Formation Metals, to discuss the company's Idaho Cobalt Project.