February 2019

Consumers on sidelines of cobalt sulfate, tetroxide market, wary of falling global prices

Chinese battery materials producers, who are the largest consumers of cobalt sulfate and cobalt tetroxide, have hesitated in purchasing any cobalt salts this week amid rapid falling international cobalt metal prices.

Trade log February 2019: Cobalt sulfate

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets MB.

Trade log February 2019: Cobalt

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

Lithium producer share prices still under pressure but supply-chain consolidation could trigger change

Lithium producer share price weakness is a reflection of the supply response that started in 2018, head of base metals and battery materials research William Adams said.

GLOBAL MANGANESE WRAP: Low-grade ore prices into China lose recent gains

Prices in China for imports of 37% manganese ore fell over the week ended Friday February 22, with some buyers resisting recent rises in offer prices.

BATTERY RAW MATERIALS MARKET REPORT 22/02: China spot lithium-hydroxide prices fall; cobalt on downtrend

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

GLOBAL LITHIUM WRAP: Chinese battery-grade lithium hydroxide price softens on aggressive offers

The domestic Chinese battery-grade lithium hydroxide spot price fell by more than 3% in the week to Thursday February 21 although the carbonate assessment held firm – a pattern that was reversed in the seaborne market, where the carbonate price dropped week on week and the hydroxide price was steady.

Cobalt grade differential narrows as consumers stand back

Standard-grade cobalt prices were forced closer in line with prices for alloy-grade material earlier this week after consumers resisted paying a premium for the former, despite its tighter availability.

Lower prices push North American Lithium to pause spodumene production

Canada-based North American Lithium has halted production of lithium spodumene at its La Corne mining operation in Quebec, eastern Canada, because of the lower spodumene prices in China, the company announced on Wednesday February 20.

CHINA COBALT SNAPSHOT: Prices continue lower in quiet post-holiday lull; consumers hold back for further falls

Key data from the Wednesday February 20 pricing session in Shanghai.