LME nickel prices have turned higher and are approaching the $20,000 level while nickel trading in Shanghai hit an all-time record on Tuesday at 149,870 yuan ($23,200) a tonne. Benchmark’s index price for cobalt used in the battery supply chain has surged over the past year to comfortably above $50,000 a tonne compared to low $30,000s this time in 2020. QUOTE
Cobalt now in strong price point IMO.
https://www.mining.com/value-of-battery-metals-in-new-electric-cars-already-beyond-2020-total/
Cobalt: growing supply gap., page-3
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| Last trade - 15.09pm 22/05/2024 (20 minute delay) ? |
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