CAPITAL MARKETS

Low cobalt prices stymie US sales

DEPRESSED conditions in the world cobalt market saw the US government fail to sell any of its surplus metal during October.

Tim Treadgold

The US Defense Logistics Agency said the only cobalt sale in October was a special disposal of 1 million pounds of granules and rondelles on October 18 to the Swiss trading house Glencore. The price...

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