Global oversupply of cobalt to potentially spill over to 2024: Antaike
October 27, 2023 Comments Off
Global battery metals markets are expected to see an oversupply in cobalt raw materials continuing in 2024, with China remaining the dominant entity in cobalt refining, China’s state-owned research agency Antaike said at an industrial conference Oct. 26. Global cobalt raw material output is expected to reach 238,000 mt in 2024, up 7%-8% compared to 220,000-230,000 mt in 2023, despite…
Global oversupply of cobalt to potentially spill over to 2024: Antaike
Global battery metals markets are expected to see an oversupply in cobalt raw materials continuing in 2024, with China remaining the dominant entity in cobalt refining, China’s state-owned research agency Antaike said at an industrial conference Oct. 26. Global cobalt raw material output is expected to reach 238,000 mt in 2024, up 7%-8% compared to 220,000-230,000 mt in 2023, despite…
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