Cobalt heading towards 2020s deficit

THE price of cobalt may have retreated from the dizzy heights of early 2018, but the outlook for the blue metal remains positive, with some sector analysts particularly bullish about prospects beyond 2020.

Cobalt heading towards 2020s deficit Cobalt heading towards 2020s deficit Cobalt heading towards 2020s deficit Cobalt heading towards 2020s deficit Cobalt heading towards 2020s deficit

Cobalt supply is expected to struggle to meet demand after 2022

LME cobalt prices closed at US$63,806 per tonne on Friday, down from $75,000/t at the start of the year and a peak of $94,500/t on March 21.

 

mining-news.min4.js