In May 2025, China's imports of cobalt hydrometallurgy intermediate products were approximately 49,487 mt, down 7% MoM and 6% YoY. Imports from the DRC accounted for approximately 48,493 mt, down 8% MoM and 7% YoY. In May 2025, the average import price of unwrought cobalt in China was $6,749/mt, up 21.89% MoM. From January to May 2025, China's cumulative imports reached 248,287 mt, representing a cumulative YoY decrease of 7.09%.
SMM New Energy Research Team
Wang Cong 021-51666838
Ma Rui 021-51595780
Feng Disheng 021-51666714
Lv Yanlin 021-20707875
Liu Yujun 021-20707895
Zhou Zhicheng 021-51666711
Xiao Wenhao 021-51666872
