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Why cobalt prices are down

A squeeze in cashflow for Chinese cobalt refiners has contributed to a fall in prices, says Benchmark Mineral Intelligence analyst Caspar Rawles. He ran Mining Journal through how the industry works in China and why the precursor producers matter.

Staff reporter
Get a bargain on cobalt right now, as it falls to only US$83,500 per tonne

Get a bargain on cobalt right now, as it falls to only US$83,500 per tonne

Mining Journal: What's going on with the cobalt price?  Caspar Rawles: We've seen prices come off not only in metal, which has come off only a little bit, but chemical as well. To put it into context,...

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