LME Cobalt prices trading at a drastic discount to Fastmarket...

LME Cobalt prices trading at a drastic discount to Fastmarket warehouse prices.

"This is long overdue and will help address the major issues with current cobalt pricing. The LME will launch a new cash-settled #cobalt contract on March 11, settled against the benchmark standard-grade cobalt price assessed by Fastmarkets. https://t.co/ukKpGGCAgD— Genlith, Inc. (@GenlithInc) February 18, 2019"

https://twitter.com/GenlithInc/status/1097535858423541760?ref_src=twsrc%5Etfw

"LME #cobalt is a dumping ground for off-spec or #bloodcobalt . All the dirty producers are trying to offload before the cash contract starts in March and nobody ever buys another physical contract again!! That’s why LME cobalt down 40% YTD..Not reality https://t.co/2N2Vj7SFCz— Lithium Evangelist (@LithiumEVangel) February 16, 2019"

https://twitter.com/hashtag/bloodcobalt?src=hash&ref_src=twsrc%5Etfw

Cobalt long-term fundamentals getting better with every passing day.