CHICAGO, Sept. 18, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that it will launch Cobalt Hydroxide futures on October 23, pending all relevant ...

CME Group Inc. CME recently announced the launch of Cobalt Hydroxide futures to provide more hedging opportunities in the electric vehicle space. The launch will take place on Oct 23, after the ...

LONDON, Sept 25 (Reuters) - Prices of the cobalt hydroxide used to make chemicals for electric vehicle batteries have plummeted due to an upsurge of supplies from top producer Democratic Republic of ...

The Democratic Republic of Congo's four-month suspension of cobalt exports has led to an 84% surge in cobalt hydroxide prices. The export ban has caused uncertainty in the global cobalt market, with ...

Tight export controls out of the Democratic Republic of Congo (DRC) added tailwinds to cobalt prices in Q3, prompting market watchers to anticipate a shift from oversupply to balance in the coming ...

The cobalt market entered 2025 under pressure from a prolonged supply glut, but the balance shifted sharply as the year unfolded, due almost entirely to intervention from the Democratic Republic of ...

Cobalt is used in a wide variety of industrial applications, with lithium-ion batteries for electric vehicles (EVs) and ...

One source said there is some progress on getting exports moving, but that the significant amounts needed by Chinas electric vehicle battery makers would not arrive until February or March next year.