A sudden shutdown of a cobalt enterprise has led to an increase in cobalt prices.
- mar 19, 2024, at 1:44 am
- SMM
A cobalt enterprise stopped production due to force majeure, impacting the supply of cobalt in the market by about 500 tons per month. This has led to a small shortage in the short term, affecting the prices of electrolytic cobalt. The shutdown is expected to last until the end of April, and the market will continue to be monitored.
