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Cobalt on its way to 2020s deficit

Cobalt prices may have retreated from the dizzy heights of early 2018, but the outlook for the blue metal remains positive, with some sector analysts particularly bullish about prospects beyond 2020.

Cobalt on its way to 2020s deficit Cobalt on its way to 2020s deficit Cobalt on its way to 2020s deficit Cobalt on its way to 2020s deficit Cobalt on its way to 2020s deficit

Cobalt supply is expected to struggle to meet demand after 2022

LME cobalt prices fell to US$64,000 per tonne on August 17, down from $75,000/t at the start of the year and a peak of $94,500/t on March 21.

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