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Cobalt continues to firm

COBALT prices continue to firm on world markets as supply tightens. In London on late Friday dealers reported that OM Group had withdrawn its website offer of the metal which has risen from around US$6 a pound last October to almost US$8.

Tim Treadgold

A metals trader told Reuters that the OMG withdrawal of its offer "shows that western producers do not have any immediate material". The last price posted by OMG was US$7.80 a pound. WMC has been posting...

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