Cobalt Industry Annual Report 2018

Contents
1. Market Movements 3
2. Economy and Policy 3
2.1 Economy and Policy in China 3
2.1.1 Environmental inspections start 3
2.1.2 China retaliates against trade war 3
2.2 Economy and Policy Abroad 3
2.2.1 FED raises interest rate 3
2.1.2 US signs MOU of Commerce 3
3. Market Movements 3
3.1 Market Movements in China 3
3.1.1 Cobalt concentrate and cobalt intermediates prices fall after rising 3
3.1.2 Cobalt metal prices fall after rising 4
3.1.3 Cobalt powder prices pull back 4
3.1.4 Cobalt carbonate prices fall after rising 5
3.1.5 Cobalt sulfate prices down further from Q2 5
3.1.6 Cobalt chloride prices up further 5
3.1.7 Cobalt tetroxide prices hover at high levels 6
3.1.8 Cobalt oxide prices fall after rising 6
3.2 Market Movements Abroad 7
3.2.1 European cobalt metal prices up further 7
3.2.2 European cobalt oxide prices fluctuate down 7
3.2.3 American cobalt metal prices down 8
4 Producers Statistics 8
4.1 China's cobalt metal output down by 9.9% YOY in 2018 8
4.2 China's cobalt powder output up by 8.8% YOY in 2018 8
4.3 China's cobalt sulfate output up by 13.8% YOY in 2018 9
4.4 China's cobalt chloride output down by 34.5% YOY in 2018 9
4.5 China's cobalt tetroxide output down by 1.9% YOY in 2018 9
5 Consumers Statistics 10
5.1 China's cobalt sulfate consumption records 60,000t in 2018 10
5.2 China's cobalt tetroxide consumption records 29,000t in 2018 10
6 Customs Statistics 10
6.1 China's cobalt concentrate imports up by 37.2% YOY in 2018 10
6.2 China's cobalt hydrometallurgical intermediates imports up by 5% YOY in 2018 11
6.3 China's cobalt metal imports down by 45.7% YOY in 2018 11
6.4 China's cobalt tetroxide exports up by 22.0% YOY in 2018 12
7. Company News 12
7.1. Company news in China 12
7.1.1 Easpring Material Technology signs strategic cooperation framework agreement with Pengxin International Mining 12
7.1.2 Subsidiary of GME intends to invest ternary cathode material project for power battery 12
7.1.3 Gansu Nickel-Cobalt New Materials Innovation Center settled in Jinchang 13
7.2. Company News Abroad 13
7.2.1 Congo's Kabila to sign new mining code soon 13
7.2.2 Cobalt Blockchain Announces Supply Agreement for Cobalt Concentrate from DRC Artisanal Mines Cooperative 13
7.2.3 DRC releases new mining code 13
7.2.4 Glencore Sees Big Jump in Cobalt Supply From Congo Mines 13
7.2.5 Cobalt 27's $5m worth of cobalt stolen from Rotterdam warehouse 14
7.2.6 Congo to declare cobalt and other minerals as 'strategic' 14
7.2.7 BASF and Nornickel join forces to supply the battery materials market 14
7.2.8 POSCO establishes JV companies of battery material with Huayou Cobalt 14
7.2.9 Glencore's Congo unit halts cobalt exports from Kamoto mine 14
7.2.10 DRC Lifts Export Ban on Glencore's Copper 15
8. Outlook for 2019 15

Graph Content
Graph 1 Cobalt concentrate 6-8% price trend in China in 2017-2018 (USD/lb Co) 4
Graph 2 Cobalt intermediates 20-30% price trend in China in 2017-2018 (USD/lb Co) 4
Graph 3 Cobalt metal 99.8%min price trend in China in 2017-2018 (RMB/kg) 4
Graph 4 Cobalt powder 99.5%min price trend in China in 2017-2018 (RMB/kg) 5
Graph 5 Cobalt carbonate 46%min price trend in China in 2017-2018 5
Graph 6 Cobalt sulfate 20.5%min price trend in China in 2017-2018 5
Graph 7 Cobalt sulfate 20%min price trend in China in 2017-2018 5
Graph 8 Cobalt chloride 24%min price trend in China in 2017-2018 6
Graph 9 Cobalt tetroxide 73.5%min price trend in China in 2017-2018 6
Graph 10 Cobalt oxide 72%min price trend in China in 2017-2018 6
Graph 11 Cobalt monoxide 78%min price trend in China in 2017-2018 7
Graph 12 Cobalt metal 99.8%min price trend in Europe in 2017-2018 7
Graph 13 Cobalt metal 99.3%min price trend in Europe in 2017-2018 7
Graph 14 Cobalt oxide 72%min price trend in Europe in 2017-2018 7
Graph 15 Cobalt metal 99.8%min price trend in America in 2017-2018 8
Graph 16 Cobalt metal 99.3%min price trend in America in 2017-2018 8
Graph 17 China's monthly output of cobalt metal from 2017 to 2018 8
Graph 18 China's monthly output of cobalt powder from 2017 to 2018 9
Graph 19 China's monthly output of cobalt sulfate from Jan 2017 to Dec 2018 9
Graph 20 China's monthly output of cobalt chloride from 2017 to 2018 9
Graph 21 China's monthly output of cobalt tetroxide from 2017 to 2018 9
Graph 22 China's monthly imports of cobalt concentrate from 2017 to 2018 10
Graph 23 China's imports of cobalt concentrate in 2018 10
Graph 24 China's imports of cobalt concentrate from 2009 to 2018 10
Graph 25 China's monthly imports of cobalt hydrometallurgical intermediates from 2017 to 2018 11
Graph 26 Major countries of China's imports of cobalt hydrometallurgical intermediates in 2018 11
Graph 27 China's imports of cobalt hydrometallurgical intermediates from 2009 to 2017 11
Graph 28 China's monthly imports of cobalt metal from 2017 to 2018 11
Graph 29 China's imports of cobalt metal from 2009 to 2018 12
Graph 30 China's monthly exports of cobalt tetroxide from 2017 to 2018 12
Graph 31 China's exports of cobalt tetroxide from 2009 to 2018 12

Table Content
Graph 1 China's imports of cobalt concentrate in 2018 (ton) 10
Graph 2 China's imports of cobalt concentrate by country in 2018 (ton) 11


.Asian Metal Copyright6 Cobalt chloride prices up further 5 3Asian Metal Copyright