Players skeptical as WMC gives cobalt prices boost in weak mart

Nov 19, 2004 | 09:58 AM | Chris Evans

WMC Resources Ltd., Southbank, Australia, has raised its offering price for cobalt to $17 a pound, although market participants are split over whether market sentiment is about to turn upward again.

WMC spurred hopes of a price recovery following a sale at $16.50 a pound Friday and at $16.25 a pound the previous day.....

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