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Cobalt top of the pops

The expected rise of battery powered cars, homes and new iterations of mobile devices is providing commodities such as cobalt rock star status among hard commodity contemporaries.

Dan Petrie

Dan Petrie

Data Analyst

Viewpoint > Datadigger

Cobalt top of the pops

The expected rise of battery powered cars, homes and new iterations of mobile devices is providing commodities such as cobalt rock star status among hard commodity contemporaries.

Cobalt top of the pops

Cobalt has outshone its base and bulk metal rivals in the past year

Cobalt's Friday closing price of US$53,500 per tonne represents a 130% increase since the beginning of 2016, when the metal's benchmark price was $23,000/t.