Ok, the mutanda story is getting more and more interesting.
glencore is saying copper output will drop to 100,000t. That's down from just under 200,000 the year before and 27,000 cobalt.
now I think it's safe to assume given copper output is cut in half, cobalt output will be to, as cobalt is the bi product. So that's 13,500t cobalt, or over 10% of global production being cut.
on top of katanga, that makes about 38,000t unavailable this year, roughly 30% of global supply.
hmmm...how long will that cobalt price stay flat?
- Forums
- ASX - By Stock
- ARL
- Pertinent market/industry news/articles
Pertinent market/industry news/articles, page-1378
-
-
- There are more pages in this discussion • 4,199 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ARL (ASX) to my watchlist
|
|||||
Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $90.85M |
Open | High | Low | Value | Volume |
46.0¢ | 46.0¢ | 45.5¢ | $54.70K | 119.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 65989 | 45.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
47.0¢ | 22000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 65989 | 0.455 |
5 | 24500 | 0.450 |
1 | 20000 | 0.435 |
2 | 12000 | 0.430 |
2 | 9050 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.470 | 22000 | 1 |
0.500 | 4199 | 1 |
0.510 | 2192 | 1 |
0.520 | 10575 | 2 |
0.530 | 50950 | 1 |
Last trade - 15.46pm 19/07/2024 (20 minute delay) ? |
Featured News
ARL (ASX) Chart |