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EV output drives cobalt prices

Underlying supply-demand equation means current price lull will be temporary

Chris Cann
Tesla will consume some 1,500t of cobalt at its gigafactory this year

Tesla will consume some 1,500t of cobalt at its gigafactory this year

The group’s Cobalt Market Tracker showed “relatively stable” cobalt metal prices over May and a “dampening of activity” in the sulphate market, which is the key base chemical for battery-grade chemical...

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