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TEMISKAMING SHORES – First Cobalt Corporation says it has secured long-term cobalt hydroxide feed arrangements with Glencore AG and IXM SA, a fully owned subsidiary of CMOC, which will provide ...
First Cobalt a North American pure-play cobalt company whose flagship asset is the Iron Creek Cobalt Project in Idaho, USA, which has Inferred mineral resources of 26.9 million tonnes grading 0.11 ...
Lower cobalt production from Mutanda will likely mean Glencore reduces its output guidance by 5 000 metric tons from 2024, two of the sources said. It expects to produce around 38 000 tons this year.
The pressure is particularly evident for producers of cobalt hydroxide, a semi-refined product that accounts for the bulk of global supply. It typically trades at a discount to the pure metal, but the ...
Cobalt hydroxide (feedstock material generally produced at mines as part of the primary processing of ores) has been on a tear, up 15% in July to $46,375 a tonne (midpoint 100% Co basis CIF Asia ...
And with a soft hydroxide market forecast expected, we do not foresee any prolonged periods of market tightness for cobalt this year. Indeed, cobalt prices started to slide as soon as 2019 began.
Copper cathode production increased to 152,358 tonnes in 2018 from 2,196 tonnes in 2017. Cobalt contained in hydroxide produced increased to 4,646 tonnes in Q4 2018 from 3,512 tonnes in Q3 2018.
The project includes a two-million-tonne-a-year ore processing plant for mixed nickel-cobalt hydroxide precipitate (MHP). The project will feature a dry-stacked tailings system, using renewable ...
The Democratic Republic of Congo has officially declared cobalt a “strategic” substance, Reuters reports, nearly tripling the royalty rate miners will pay to 10%.
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