Keyword: "cobalt price"

Mining News Pro - A year ago Glencore announced it was halting operations at its Mutanda copper-cobalt mine in the Congo, breathing life into a market that was trading at levels 70% below its peak, hit 18 months before.

Mining News Pro - Transport delays from South Africa against an increasingly robust Chinese demand have fuelled a price rally for cobalt hydroxide, used to make chemicals for electric vehicle batteries.

Mining News Pro - High energy density, longer-range NCM (nickel-cobalt-manganese) cathodes, together with Tesla’s NCA (nickel-cobalt-aluminum) technology account for over 90% of batteries in passenger EVs.

Mining News Pro - Long-suffering cobalt bulls received some good news on Wednesday with new data showing prices for the battery raw material rebounding at the start of 2020.

Mining News Pro - The global auto industry will produce 88.8 million cars and light trucks this year, an almost 6% drop from a year ago, according to researcher IHS Markit, quoted by Bloomberg News.

Mining News Pro - Both cobalt and lithium prices have experienced a collapse, driven by a loosening of fundamentals as a number of new projects come online, Fitch Solutions’ latest Industry Trend analysis reports.

Mining News Pro - Battery metals tracker Adamas Intelligence says electric vehicle manufacturers deployed 57% more nickel in passenger EV batteries in May this year, compared to 2018.

Mining News Pro - Investors dumped Nickel and cobalt miner Sherritt International’s (TSE: S) shares on Friday, after the company released first quarter earnings.

Mining News Pro - Cobalt is almost always a byproduct of nickel and copper mining. Image: Glencore Instagram

Mining News Pro - Since hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.

Mining News - The price of cobalt is down 7% since hitting near 10-year peaks in March to exchange hands for $89,000 a tonne this week.

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