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."

Cobalt Rises on Anticipation of SRB Buying

Metal Bulletin reported that cobalt reached its highest price in about three months, largely because market participants believe China's State Reserve Bureau (SRB) plans to continue building its stockpiles of the metal.

China’s SRB Stockpiles 50 Tonnes of Cobalt

Metal Bulletin reported that this week, China's State Reserve Bureau (SRB) bought about 50 tonnes of cobalt. It intends to stockpile the metal and buy more of it later.