Cobalt price: After dismal 2019, could Tesla-Glencore deal spark turnaround?

Anastasia Bogdanova | January 16, 2020
img0 Light at the end of the tunnel? Kamoto copper-cobalt mine in DRC. Image: Katanga Mining, a Glencore subsidiary Annual cobalt production is only around 130,000 tonnes, mostly as a byproduct of nickel and copper mining. Some two-thirds of supply comes from the Democratic Republic of the Congo, where fears about political instability and the challenges of ...

Battery chemical surplus sparks plunge in cobalt price

MINEX Forum | August 1, 2018
img0   A surplus of cobalt chemicals used to make the rechargeable batteries that power electric vehicles has seen Chinese refiners switch to producing metal, sending prices down 30 percent in recent months. The electric-vehicle revolution is expected to boost demand and prices for cobalt, which stabilises and extends the life of lithium-ion rechargeable batteries. However, ...