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Bank calls 'cobalt implosion'

Merrill Lynch is calling cobalt’s dismal price performance an “implosion”, saying rising primary and secondary supplies will overshoot growing demand from the lithium-ion battery sector.

Bank calls 'cobalt implosion' Bank calls 'cobalt implosion' Bank calls 'cobalt implosion' Bank calls 'cobalt implosion' Bank calls 'cobalt implosion'

BofAML says cobalt is imploding

Despite most commodities falling over the past year, severely influenced by concerns over the unfolding global economic slowdown, cobalt prices had declined the most year-to date, over the past six