The cobalt market has started operating with more efficiency and transparency, which in turn, should make it easier to plan for battery-related demand, panelists said during the Cobalt Institute's annual conference on May 18-19.
The cobalt market faces the challenge of bringing sufficient material online to meet demand from the growing battery sector, while simultaneously filtering through varying signals from automakers that point to reducing or removing cobalt from battery cells."With prices in the early $20s, we can be comfortable with cobalt and the role it has to play [in stabilizing a battery cell]; but if prices continue to grow, requests...