Long-term Cobalt Market Report and Cobalt Price Outlook
Our forward-looking cobalt report analyses the trends and influences on the cobalt market and battery technologies out to 2040. This ground-breaking study examines, on a deep-dive basis, …
China set to tighten grip over global cobalt supply as …
China is set to tighten its grip on global cobalt supply, as the price of the key metal for electric-car batteries hits a 32-month low off the back of a surge in production.
Executive summary – Global Critical Minerals Outlook 2024
Battery materials saw particularly large declines with lithium spot prices plummeting by 75% and cobalt, nickel, and graphite prices dropping by 30-45%. ... some 70-75% of projected supply …
Cobalt Market Report 2023
Battery demand now accounts for around three quarters (73%) of the cobalt market, up from 71% in 2022. Battery demand grew by 13% y/y, with non-battery applications growing by 2% y/y. …
Cobalt Market Report 2022
To 2030, global cobalt demand is set to double, driven by battery applications in EVs. All cobalt stakeholders – industry, governments, civil society – should build on this momentum to use …
Cobalt market outlook: Five key factors to watch
Fastmarkets experts share cobalt forecasts, data and interactive price charts to demonstrate the volatile battery materials landscape and make some key predictions about …
''State of the Cobalt market'' report
Growth in demand for cobalt in batteries helped to offset a sharp decline in demand for cobalt in several other end uses in 2020, shown in the charts below. Overall, consumption of cobalt in …
Global Value Chains: Cobalt in Lithium-ion Batteries for Electric Vehicles
refined cobalt products used in LIBs has increased, and global prices for these materials have been highly volatile. There have also been concerns regarding the security of cobalt supplies …
China set to tighten grip over global cobalt supply as price hits 32 ...
China is set to tighten its grip on global cobalt supply, as the price of the key metal for electric-car batteries hits a 32-month low off the back of a surge in production.
Cobalt for Batteries – who will control supply, how ethical and ...
The Cobalt Development Institute (2016) reported global refined cobalt production of about 48,000 t in the first half of 2016, a rate of about 100,000 t per year. On that basis, …
Cobalt Market Report 2023
Battery demand now accounts for around three quarters (73%) of the cobalt market, up from …
Cobalt Prices – Historical Graph [Realtime Updates]
Refined cobalt prices – The increasing prices of refined cobalt made experts predict that the commodity''s market will grow 15.8% year-on-year to 257,000Mt in 2024. Thus, cobalt prices …
Cobalt Price Recovery Uncertain as Battery Chemistry Shifts
The primary factor weighing on cobalt prices is softening demand from the battery sector. Cobalt usage has declined as the industry shifts away from previously popular...
The development of China''s monopoly over cobalt battery …
Refined cobalt chemicals then served as the primary feed for the cobalt-containing battery cathode supply chain (Crundwell et al. 2011, 2020; Schmidt et al. 2016). In …
Cobalt at Crossroads: How Will Oversupply, Price Drops, and LFP …
The growing surplus has also led to a downward revision of cobalt price estimates, with prices now expected to fall to $12.72/lb by 2028. Batteries now drive three …
Cobalt Market Report 2022
28% share of 2022 demand). Total cobalt demand rose 13% y/y in 2022 to 187 kt. Nickel-cobalt-manganese (NCM) chemistries became the largest driver of cobalt demand, above all other …
Cobalt refining power gives China an advantage in the race for EV ...
However, in 2022 price spikes for cobalt and nickel contributed to a 7 per cent increase in battery prices. 2 Future supply constraints could drive prices even higher. Under …
Cobalt refining power gives China an advantage in the race for EV ...
However, in 2022 price spikes for cobalt and nickel contributed to a 7 per cent increase in battery prices. 2 Future supply constraints could drive prices even higher. ... (in this …
Global Value Chains: Cobalt in Lithium-ion Batteries for Electric Vehicles
In recent years, global trade in cobalt ores and refined cobalt products used in LIBs has increased, and global prices for these materials have been highly volatile. There have also …
Cobalt Market Update: Q3 2024 in Review | INN
Cobalt metal price chart, Q3 2024. Chart via Trading Economics. "Prices for cobalt metal approached US$10 per pound, and cobalt hydroxide, a feedstock for cobalt metal and battery chemicals ...
Cobalt at Crossroads: How Will Oversupply, Price Drops, and LFP …
The growing surplus has also led to a downward revision of cobalt price …
Cobalt at Crossroads: How Will Oversupply, Price Drops, and LFP …
This recovery was driven by stronger feedstock costs, as cobalt hydroxide prices remained more stable compared to refined cobalt products. ... Cobalt is costly, but falling …