So Fastmarkets MB are saying that US$23.45 lb is the average price of cobalt for the last 3 months.
Am I right in reading this as just over US$51,000 per tonne (23.45×2200) or am I missing something here?
That is a long way off the LME price US$29,000 per tonne.
CLA - Cobalt related news, page-2491
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