Used to know a professor at the ANU. Brilliant metallurgist. He had a cobalt deposit at Mittagong he wanted to float. I did some homework and found that cobalt price is extremely volatile and patchy. The bulk of the time the price is poor, and than it goes up hard for a while. It would never be a safe bet to open any mine just to produce cobalt. It is only viable as a by product of a more stable metallic deposit. Its pot luck what the price will be. From memory its a war metal. Used for hardening steel and aircraft engines?
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Last
64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $573.9M | |||
| Open | High | Low | Value | Volume |
| 65.5¢ | 67.0¢ | 64.5¢ | $1.803M | 2.757M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 121562 | 64.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 42445 | 7 |
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| Last trade - 15.44pm 23/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |