https://seekingalpha.com/article/4139735-cobalt-miners-news-month-january-2018?v=1517022401&comments=show#/comment-77499134 Cobalt spot price news - Cobalt prices up again in January. "BMO Capital Markets expects current cobalt prices to double in the next two years." Cobalt market news - CRU - "There just isn’t enough cobalt to go around". Cobalt price news As of January 22, the cobalt spot price was US$36.29, rising again strongly from US$34.02 this time last month. In the past two months cobalt has rallied from $US27.67, or up 31%. The London Metals Exchange (LME) declining inventory helps explain why (see graph below). China only recently approved cobalt containing NMC batteries for subsidies, so many Chinese automakers (such as BYD Co) are moving to NMC, thereby requiring more cobalt. Bring on the recycling plant Chris
NMT Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
