Monthly Cobalt Market Report Jan 2019

Content
1 Market Highlights 3
2. Economy and Policy 3
2.1 Sino-US Vice-Ministerial trade consultation early January 3
2.2 China trade delegation visits U.Asian Metal Copyright2 China's cobalt powder output up by 4.Asian Metal CopyrightS. 3
3 Market Movements 3
3.1 Market Movements in China 3
3.1.1 Cobalt concentrate prices down further 3
3.1.2 Cobalt metal prices down 3
3.1.3 Cobalt powder pricesslump 4
3.1.4 Cobalt carbonate prices down 4
3.1.5 Cobalt sulfate prices up slightly 4
3.1.6 Cobalt chloride prices fall after rising 5
3.1.7 Cobalt tetroxide prices down 5
3.1.8 Cobalt oxide prices down 5
3.2 Market Movements Abroad 6
3.2.1 European cobalt oxide prices slump 6
3.2.2 European cobalt oxide prices down 6
3.2.3 American cobalt metal prices down 6
4. Company News 7
4.1 Greatpower to expand cobalt sulfate production capacity 7
4.2 Deqing Lirong halts cobalt sulfate production late Jan 7
4.3 Jiangsu Xiongfeng halts cobalt sulfate production late Jan 7
4.4 Toyota, Honda and Panasonic consider joint venture to procure cobalt for electric vehicles 7
4.5 Canada's M2 cobalt miner encouraged by initial drilling in Uganda 7
4.6 CMOC expects to produce 16,500-19,000 metal tons of cobalt in 2019 8
5 Producers Statistics 8
5.1 China's cobalt metal output down by 31.3% YOY in Jan 8
5.2 China's cobalt powder output up by 4.2% MOM in Jan 8
5.3 China's cobalt sulfate output up by 7.1% MOM in Jan 8
5.4 China's cobalt chloride output down by 35.1% YOY in Jan 9
5.5 China's cobalt tetroxide output up by 3.9% MOM in Jan 9
6. Relevant Industry News 9
6.1 Alloy and magnet markets 9
6.2 Battery market 9
6.3 Ceramic and chemical markets 10
7 Market Outlook for Next Month 10
7.1 Cobalt concentrate and intermediates 10
7.2 Cobalt metal 10
7.3 Cobalt powder 10
7.4 Cobalt carbonate 10
7.5 Cobalt sulfate 10
7.6 Cobalt chloride 10
7.7 Cobalt tetroxide 10
7.8 Cobalt oxide 10


.Asian Metal Copyright4 China's cobalt chloride output down by 35Asian Metal Copyright