Monthly Cobalt Market Report Dec 2018

Content
1 Market Highlights 3
2. Economy and Policy 3
2.1 MEE plans new round environmental inspections in central departments 3
2.2 Sino-U.Asian Metal Copyright2.Asian Metal CopyrightS. consultation aims to eliminate all additional tariffs in 90 days 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 further 3
3.1.3 Cobalt powder prices slump 4
3.1.4 Cobalt carbonate prices fall slightly 4
3.1.5 Cobalt sulfate prices down 4
3.1.6 Cobalt chloride prices down further 5
3.1.7 Cobalt tetroxide prices down substantially 5
3.1.8 Cobalt oxide prices down 5
3.2 Market Movements Abroad 6
3.2.1 European cobalt metal prices down 6
3.2.2 European cobalt oxide prices down 6
3.2.3 American cobalt metal prices down 7
4. Company News 7
4.1 Yangjiang Lianbang plans to raise cobalt tetroxide output 7
4.2 Shunyang Metal halts cobalt chloride production 7
4.3 Glencore expects to produce about 57,000t of cobalt in 2019 8
4.4 Gecamines signs production-sharing deal with Chinese firm 8
4.5 Zambia Threatens to Expel Foreign Workers Over Mine Job Cuts 8
5 Producers Statistics 8
5.1 China's cobalt metal output down by 5.9% MOM in Dec 8
5.2 China's cobalt powder output down by 1.4% MOM in Dec 8
5.3 China's cobalt sulfate output up by 4.3% MOM in Dec 9
5.4 China's cobalt chloride output down by 16.5% MOM in Dec 9
5.5 China's cobalt tetroxide output down by 16.1% MOM in Dec 9
6. Relevant Industry News 10
6.1 Alloy and magnet markets 10
6.2 Battery market 10
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 11
7.7 Cobalt tetroxide 11
7.8 Cobalt oxide 11

Graph Content
Graph 1 Cobalt concentrate 6-8% price trend in China in Nov-Dec 2018 (USD/lb) 3
Graph 2 Cobalt intermediates 20-30% price trend in China in Nov-Dec 2018 (USD/lb) 3
Graph 3 Cobalt metal 99.8%min price trend in China in Nov-Dec 2018 (RMB/kg) 4
Graph 4 Cobalt powder 99.5%min price trend in China in Nov-Dec 2018 (RMB/kg) 4
Graph 5 Cobalt carbonate 46%min price trend in China in Nov-Dec 2018 (RMB/t) 4
Graph 6 Cobalt sulfate 20.5%min price trend in China in Nov-Dec 2018 (RMB/t) 5
Graph 7 Cobalt sulfate 20%min price trend in China in Nov-Dec 2018 (RMB/t) 5
Graph 8 Cobalt chloride 24%min price trend in China in Nov-Dec 2018 (RMB/t) 5
Graph 9 Cobalt tetroxide 73.5%min price trend in China in Nov-Dec 2018 (RMB/kg) 5
Graph 10 Cobalt oxide 72%min price trend in China in Nov-Dec 2018 (RMB/kg) 6
Graph 11 Cobalt monoxide 78%min price trend in China in Nov-Dec 2018 (RMB/kg) 6
Graph 12 Cobalt metal 99.8%min price trend in Europe in Nov-Dec 2018 (USD/lb) 6
Graph 13 Cobalt metal 99.3%min price trend in Europe in Nov-Dec 2018 (USD/lb) 6
Graph 14 Cobalt oxide 72%min price trend in Europe in Nov-Dec 2018 (EUR/kg) 6
Graph 15 Cobalt metal 99.8%min price trend in America in Nov-Dec 2018 (USD/lb) 7
Graph 16 Cobalt metal 99.3%min price trend in America in Nov-Dec 2018 (USD/lb) 7
Graph 17 China's monthly output of cobalt metal from Jan 2017 to Dec 2018 (ton) 8
Graph 18 China's monthly output of cobalt powder from Jan 2017 to Dec 2018 (ton) 8
Graph 19 China's monthly output of cobalt sulfate from Jan 2017 to Dec 2018 (ton) 9
Graph 20 China's monthly output of cobalt chloride from Jan 2017 to Dec 2018 (ton) 9
Graph 21 China's monthly output of cobalt tetroxide from Jan 2017 to Dec 2018 (ton) 9






.Asian Metal Copyright3 Glencore expects to produce about 57,000t of cobalt in 2019 8 4Asian Metal Copyright