You misquoted that report. It’s 2020, not 2030.
Demand for 2020 is going to be around 135ktpa. When Glencore adds katanga to the supply chain, there will be exactly the right amount of cobalt to meet demand.or even excess supply.
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COB
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5.3¢

Glencore CObalt Blue Comparison, page-8
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Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $23.57M |
Open | High | Low | Value | Volume |
5.3¢ | 5.5¢ | 5.3¢ | $5.806K | 108.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 209775 | 5.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 52984 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 189775 | 0.053 |
10 | 325172 | 0.052 |
4 | 295090 | 0.051 |
15 | 1116382 | 0.050 |
3 | 355530 | 0.049 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 52984 | 2 |
0.056 | 25500 | 2 |
0.057 | 42439 | 3 |
0.058 | 115580 | 3 |
0.060 | 104540 | 2 |
Last trade - 12.42pm 23/07/2025 (20 minute delay) ? |
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COB (ASX) Chart |