November 2019

Trade log November 2019: Cobalt

Cobalt trade log including business, bids and offers reported to Fastmarkets.

BATTERY RAW MATERIALS MARKET REPORT 29/11: Cobalt sulfate discount narrows, hydroxide prices fall

An overview of the battery raw materials markets and their latest price moves from the past week.

GLOBAL LITHIUM WRAP: Ongoing contract price negotiations put pressure on seaborne Asian lithium prices; rest of world soft

The cif China, Japan and Korea battery-grade lithium price fell by more than 2% in the week to Thursday November 28, with buyers reluctant to accept any increases because of falling prices in China, where battery-grade lithium hydroxide prices also continued to decline.

IN CASE YOU MISSED IT: 5 key stories from November 28

Here are five Fastmarkets MB stories you might have missed on Thursday November 28 that are worth another look.

INTERVIEW: Sulfide ore puts us in prime position for battery demand – Nornickel

The emphasis on traditional mining and high-quality domestic sulfide ore deposits in Norilsk will give Russian mining company Nornickel a competitive edge in meeting growing battery demand, the company said in an interview with Fastmarkets.

Trade log November 2019: Lithium

Trade log for battery-grade lithium carbonate in China including trades, bids and offers reported to Fastmarkets.

COBALT HYDROXIDE SNAPSHOT: Lower offers, Mutanda closure encourage more spot buying

Key data from the Wednesday November 27 pricing session in Shanghai and London.

COBALT SNAPSHOT: Standard-grade price dips below $16/lb on year-end destocking, slow buying

Key data from the November 27 pricing session in London.

CHINA COBALT SNAPSHOT: Sulfate restocking supports price; weak physical demand weighs on metal price

Key data from the Wednesday November 27 pricing session in Shanghai.

Glencore’s Mutanda copper-cobalt mine shuts one month early

Miner-trader Glencore suspended operations at its Mutanda copper-cobalt mine in the Democratic Republic of Congo (DRC) early this week - a month earlier than previously expected.