Big cobalt producers exit spot market

Oct 22, 2008 | 12:01 PM |

At least three major cobalt producers in China have exited the spot concentrates import market for the rest of the year.

The companies—with a combined capacity of 7,400 tonnes per year contained—are importing concentrates only on long-term contracts, which account for 50 to 70 percent of their raw materials supply, senior company executives said.....

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