China’s SRB stockpiles 2,800 tonnes of cobalt; clears up domestic supply

China’s State Reserve Bureau (SRB) purchased 2,800 tonnes of cobalt in its latest stockpiling on Monday February 29, according to sources.

The amount was greater than the expected 2,000 tonnes, and would effectively mop up all domestic cobalt before the middle of July, when four successful bidders have been requested to deliver the metal to the...


Fastmarkets MB staff

February 29, 2016

12:01 GMT