- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
A brief overview of cobalt price developments, supply and demand and significant market movers.
Western cobalt prices have so far fallen in October compared to September, data from Metal-Pages shows.
99.6 percent cobalt averaged $13 per pound on the low side and $13.75 per pound on the high side until October 16, compared with an average low of $13.08 per pound and a high of $13.85 per pound in September.
99.8 percent cobalt, which is used for aerospace applications, averaged $13.17 per pound on the low side and $14.04 per pound on the high side until October 18, compared with the September average low of $13.50 per pound and high of $14.47 per pound.
Prices for Chinese cobalt, minimum 99.8 percent electrolytic metal, rose slightly in October, averaging 216 yuan (US$34.29) per kilogram on the low side and 220 yuan ($34.93) per kilogram on the high side until October 16. In September, prices averaged 211.13 yuan ($33.55) per kilogram on the low side and 213.75 yuan ($33.93) per kilogram on the high side.
In company news, Baja Mining (TSX:BAJ) said its Korean consortium has advanced an additional $13.3 million for the construction of its Boleo project in Mexico.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â