Cobalt Market News Directory

Low-grade Cobalt Hits 29-month High

Metal Bulletin reported that on July 25, low-grade cobalt prices reached their highest level in 29 months. The spike has encouraged sellers to put their wares on the market.

China’s SRB Buys Moly Oxide, Cobalt

Reuters reported that China's State Reserve Bureau (SRB) has purchased nearly 3,000 tonnes of molybdenum oxide in a bid to "support struggling domestic producers squeezed by tight credit conditions."