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Diverging outlook for cobalt and lithium

The average lithium price is expected to decline by 30% year over year to US$8,121 per tonne in 2020, according to a commodity briefing this month from S&P Global Market Intelligence.

Diverging outlook for cobalt and lithium Diverging outlook for cobalt and lithium Diverging outlook for cobalt and lithium Diverging outlook for cobalt and lithium Diverging outlook for cobalt and lithium

Glencore mothballed Mutanda in the DRC in November 2019 partly due to low cobalt prices

"Our research highlights that the lithium market is expected to experience a lower price environment, while cobalt prices are expected to be supported by sustained market deficits," S&P said.