Sentences with phrase «cobalt prices»
"Cobalt prices" refers to the value or cost of cobalt, which is a rare metal used in various industries. It indicates the amount of money buyers are willing to pay for cobalt or the amount sellers are charging for it in the market. Full definition
The rise in cobalt prices has prompted other Canadian mining companies to push ahead on cobalt - related projects sitting on their books, including RNC Minerals looking to spur development of its Dumont nickel - cobalt project in Quebec and Fortune Minerals looking to breath new life into its project in the Northwest Territories.
canadianbusiness.com
As cobalt prices soar, Castle Silver Resources hopes to revive a past - producer in Ontario's historic Cobalt camp.
Any disruption could push up cobalt prices from already historic highs of $ 90,000 a tonne.
Cobalt prices fell for their first time since October on Wednesday, according to Metal Bulletin, to trade at between $ 43.5 to $ 44.25 per pound.
The company's shares more than doubled between August and December 2017 on surging cobalt prices.
A recent sharp rise in cobalt prices — benefiting Western Australian nickel producers with cobalt credits — has been attrib - uted to lower production in the Democratic Republic of Congo.
Cobalt prices have increased by more than 47 % year - over-year, one of the largest gains in the entire metals spectrum.
According to the LME, cobalt prices have been volatile in 2014, but have increased by over 5 % YTD.