Prices of cobalt are may remain low for a while as demand from EV and consumer electronics makers are likely to remain lower than supplies. Cobalt hydroxide prices have dropped in response to an increase in supplies from the Democratic Republic of Congo. Cobalt, used commonly to make batteries for …
Read More »Cobalt’s battery-powered boom in 2022 on EV demand surge busts read full article at worldnews365.me
A blistering rally within the cobalt market is popping right into a rout, placing strain on miners and providing tentative value reduction for carmakers after a surge in battery steel costs final 12 months. Cobalt rallied sharply early in 2022 as demand …
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