GRAPH: Cobalt price plunge and the EV market
Inflation adjusted cobalt prices are the lowest in 100 years after a deluge of new supply. Stagnating demand from EVs only adds to the bear case.
Peruvian mining company Minsur has agreed to sell its Taboca tin mine in Brazil to China’s CNMC Trade Company Limited for about $340 million, according to a statement from Minsur.
(By Marco Aquino; Editing by Daina Beth Solomon)
Comments