Table of Contents
How much is cobalt per lb?
In 2020, the average spot price of cobalt in the U.S. stood at 16 U.S. dollars per pound. This is a considerable price decrease from 2018, when the price was 37.4 U.S. dollars per pound. Cobalt has a variety of uses, most commonly in the industrial sector.
What is the price of cobalt right now?
| Price | Day | |
|---|---|---|
| Bitumen | 3,138.00 | 0.06% |
| Cobalt | 56,545.00 | 0% |
| Lead | 2,419.00 | -1.70% |
| Aluminum | 2,716.50 | -1.09% |
Can you buy cobalt?
There are two main ways to invest in cobalt: cobalt futures and cobalt stocks. Cobalt futures can be found on the London Metal Exchange under the symbol CO.
What is the current iron ore price per ton?
USD
Industrial Metals
| Name | Price | Unit |
|---|---|---|
| Lead | 2,281.20 | USD per Ton |
| Iron Ore | 92.76 | USD per Dry Metric Ton |
| Copper | 9,494.85 | USD per Ton |
| Nickel | 19,573.50 | USD per Ton |
How much does iron cost in 2021?
In September 2021, iron ore was valued at approximately 124.52 U.S. dollars per dry metric ton unit (dmtu), as compared to 123.75 U.S. dollars per dmtu in September 2020.
How much is a pound of cobalt worth?
Cobalt Prices and Cobalt Price Charts. Cobalt Price 16.10 USD/lb (35,499.94 USD/t | 31,921.53 EUR/t) 21 Oct 2019 – 52 Week Low 11.79 USD/lb 52 Week High 27.56 USD/lb. 1 Week Cobalt Price » Cobalt Market Data ».
What was the price of cobalt in 2020?
Looking over to prices in 2020, Fastmarkets forecasts an average cobalt price of US$17.40, with the metal remaining flat around current levels in the first half and then picking up in H2.
Which is the largest producer of cobalt in the world?
Cobalt is a hard, lustrous, grey metal with a high melting point (1493°C). Cobalt is used mainly in production of chemicals (58 percent), super alloys for gas turbine blades and jet aircraft engines, special steel, carbides, diamond tools and magnets. By far, the biggest producer of cobalt is Congo, followed by Canada, China, Russia and Zambia.
What kind of metal is cobalt used for?
Cobalt Cobalt is a hard, lustrous, grey metal with a high melting point (1493°C). Cobalt is used mainly in production of chemicals (58 percent), super alloys for gas turbine blades and jet aircraft engines, special steel, carbides, diamond tools and magnets.