“The days of sub-$40 [per lb] buying are history,” a trader source said on Monday March 19.
High-grade cobalt prices were assessed at $41.70-43.00 per lb, in-warehouse
, on March 16. This was up from $39.50-40.75 per lb a week earlier, and from $40.40-41.95 midweek.
Low-grade cobalt prices rose to $41.20-42.50 per lb, in-warehouse, at the end...