Home / Metal News / Cobalt Price Doubles, and Motive Battery Plants Eye on High-Nickel Battery

Cobalt Price Doubles, and Motive Battery Plants Eye on High-Nickel Battery

iconSep 13, 2017 14:07
Source:SMM
As of the end of June 2017, cobalt metal price nearly doubled from the level seen in early year.

SHANGHAI, Sept. 13 (SMM) – As of the end of June 2017, cobalt metal price nearly doubled from the level seen in early year. Boosted by the price gain, enterprises supplying motive battery raw materials registered strong performance during the first half of the year. 

At present, sales of new-energy automobiles grew steadily, releasing strong demand for motive battery. 

Motive battery producers, on the other hand, are eying on high-nickel battery in the face of increasingly higher costs.  

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

cobalt price
battery price
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news