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
53.5¢ |
Change
-0.010(1.83%) |
Mkt cap ! $474.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 56.0¢ | 53.5¢ | $1.208M | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 111209 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 93914 | 2 |
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| Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |