Cobalt Prices Spike as Congo Export Halt Rattles Supply Chain [Yahoo! Finance]
GLENCORE PLC UNSP/ADR (GLNCY)
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Source: Yahoo! Finance
Most Read from Bloomberg Trump DEI Purge Hits Affordable Housing Groups NYC Congestion Pricing Toll Gains Support Among City Residents Electric Construction Equipment Promises a Quiet Revolution Open Philanthropy Launches $120 Million Fund To Support YIMBY Reforms Inside the ‘Not Architecture' of High Line Designers Diller Scofidio + Renfro Prices for cobalt hydroxide — the main product exported from the Democratic Republic of Congo — have jumped 84% since the country imposed a four-month suspension on shipments in February to rein in a glut. It hit $10.5 a pound on Tuesday, the highest level since July 2023, according to Fastmarkets. The price of cobalt metal has jumped more than 43%. Congo accounts for about three-quarters of th
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- Glencore plc (OTCMKTS: GLNCY) was upgraded by analysts at Berenberg Bank to a "strong-buy" rating.MarketBeat
- Cobalt prices spike as Congo export halt rattles supply chain [BNN Bloomberg (Canada)]BNN Bloomberg
- Congo Halts Cobalt Exports for Four Months Amid Glut [Yahoo! Finance]Yahoo! Finance
- Congo Suspends Cobalt Exports for Four Months Amid Glut [Yahoo! Finance Canada]Yahoo! Finance Canada
- Europe Braces for Freeze of US Foreign Corruption Practices Act [Yahoo! Finance]Yahoo! Finance