Katanga Mining Ltd Ord KATFF

Year-long slide in cobalt price expected to end

[Sogosohubidu201]

https://www.miningmx.com/news/base-metals/35938-year-long-slide-in-cobalt-price-expected-to-end-as-artisanal-supplies-fall-cru/

“High cobalt prices encouraged new supplies last year. Artisanal mining supply has exhibited enormous growth in recent years to bridge the gap between supply and demand,” Reuters cited Heppel as saying.

“However, artisanal mining supply has declined in the past six months due to lower payables and the falling cobalt price. Artisanal is the swing producer in the cobalt market,” he added.