Cobalt

Why Cobalt Is Not a Conflict Mineral

by Lisa Reisman on June 6, 2011

Style:    Category: Commodities, Global Trade, Minor Metals, Public Policy

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MetalMiner gave reader Dominic Daly, who studies at Durham University, a chance to respond to one of our past posts about cobalt, “Conflict Minerals and Their Derivatives: Where Cobalt Fits In. In the spirit of giving the metal’s image (and the DRC) a fair shake, MetalMiner welcomes Daly’s guest commentary. Cobalt is a strategically important [...]

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Conflict Minerals and Their Derivatives: Where Cobalt Fits In

by Stuart Burns on April 12, 2011

Style:    Category: Commodities, Global Trade, Minor Metals, Public Policy

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There has been a lot of coverage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically Section 1502, which outlines the broad objective of controlling the trade of so-called conflict minerals. MetalMiner has taken the lead on explaining what the future may look like for companies that must go through an auditing process. [...]

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Cobalt Continues Its Rollercoaster Ride

by Stuart Burns on October 19, 2010

Style:    Category: Commodities, Metal Prices, Minor Metals, Supply & Demand

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In the short time since its soft launch on February 22 of this year and its full launch on May 21, cobalt has had a pretty volatile time. From a low of around $37,000 (16.78/lb) to a high of over $43,000 per ton ($19.50/lb) the metal has since fallen to around $39,000 per ton today. [...]

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An LME Ferro-Chrome Contract? Not Just Yet

by Stuart Burns on September 14, 2010

Style:    Category: Ferro Alloys, Minor Metals

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The debate about adding ferro-chrome as an LME contract is not as far fetched as it may first sound. As Roskill advises, the stainless steel industry is by far the largest consumer of ferro-chrome. The industry is dominated by just three countries of supply – South Africa, Kazakhstan and India, with South Africa by far [...]

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Several Metals Named as Possible Cancer Causes in New Report

by Lisa Reisman on July 19, 2010

Style:    Category: Minor Metals, Product Developments

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A new study from the International Agency for Research on Cancer cites 20 possible cancer sources several of which include metals. According to the Chicago Tribune, sponsors of the research The National Institute for Occupational Safety and Health, National Institute of Environmental Health Sciences (NIOSH) and the National Cancer Institute named the following metal containing [...]

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Vale Settles Sudbury Dispute

by Stuart Burns on July 7, 2010

Style:    Category: Non-ferrous Metals, Supply & Demand

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Reuters covered the deal reached by Vale and the United Steelworkers Local 6500 and 6200 representing production and maintenance employees at the company’s operations in Sudbury and Port Colborne, Ontario in an article this week. About 3,000 workers went on strike last July in Sudbury in a dispute over pensions, bonus issues and contract language. [...]

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Nickel the One Export Success Story in a Struggling Cuban Economy

by Stuart Burns on June 24, 2010

Style:    Category: Commodities, Global Trade, Minor Metals, Non-ferrous Metals

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On balance Cuba isn’t having a great time. True nickel prices are doing okay and production at the country’s principal mines is doing well. The largest, Pedro Soto Alba plant, is a joint venture with Sherritt International of Canada and hit a monthly record in February producing 106 tons daily while a second plant state-run [...]

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Cobalt Up, Moly Steady, How is the LME Doing so Far?

by Stuart Burns on April 22, 2010

Style:    Category: Commodities, Minor Metals, Supply & Demand

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The LME’s minor metals contract has been up and running for two months now and although both are at a nascent stage they have already begun to exhibit diverging patterns of behavior. Molybdenum prices have stagnated whereas cobalt prices have picked up markedly. Although it is premature to be drawing any conclusions at this stage [...]

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