Cobalt Price Plateaus Following Gains

Platts reported that cobalt prices were flat due to a lack of clear direction for the market.

As quoted in the market news:

The Platts assessment for 99.8% high-grade cathode rose to $15.00-16.00/lb, delivered, duty-paid, Thursday from $15.00-15.75/lb a week earlier. The Platts assessment for the same grade in Europe was unchanged at $15.00-15.60/lb.

Click here to read the full Platts report.