Cobalt Market News Directory

Benchmark Mineral Intelligence on the Scale of Tesla’s Gigafactory

The latest update from Simon Moores of Benchmark Mineral Intelligence took a look at satellite images of Nevada that give an idea of the scale of Tesla Motors' (NASDAQ:TSLA) new gigafactory near Reno. The company is currently building phase 1 of its plant, and at just 20 percent of the overall size of the finished plant, phase 1 will be the largest lithium-ion battery plant in the world.

Has the Cobalt Price Reached its Floor?

Metal Bulletin reported that some market participants think the cobalt price may have reached its floor. The price of the metal has stabilized for the last two weeks.