(Bloomberg) -- The world’s No. 1 cobalt miner is sounding the alarm over the shrinking role of the metal in electric vehicle batteries. Chinese company CMOC Group Ltd., which has been churning out ...

The US Department of Defense has canceled its long-awaited plan to buy up to US$500 million worth of cobalt, a mineral vital ...

Congo’s export quotas have lit a fire under cobalt prices and spending on the battery material is up 51% year on year despite ...

Since the plan was unveiled last month, prices of both the hydroxide and the refined metal have jumped over 20%.

The move, authorized by President Felix Tshisekedi, reflected frustration that although Congo produces three-quarters of the world’s cobalt, it is Chinese companies — not politicians in the capital ...

It had all the makings of a typical VIP ribbon cutting: Government officials, diplomats, light refreshments, an actual ribbon. "We even have scissors!" Joked the host. What wasn't so typical? To get ...

Purchases for state stockpiles are driving up prices of cobalt metal in China, creating a hefty premium over the rest of the world and encouraging local producers to add large amounts of production ...

Trading firm Traxys has won a tender to sell cobalt metal for Wheaton Precious Metals , two sources familiar with the matter said, in a deal that propels it into the big league to rival the likes of ...