[Solid-State Battery: Purdue University Research Reveals Formation Mechanism of Interfacial Defects in Solid-State Batteries, Wins Engineering Research Award]

A cobalt metal futures rally lifted cobalt salt sentiment this week, with cobalt chloride and cobalt tetroxide prices stabilizing. Cathode producers showed more interest in locking in cobalt tetroxide orders, mostly as bottom-fishing, with limited pass-through to cobalt chloride. As of October, cobalt tetroxide inventory still covers over two months of demand. SMM sees only short-term support from sentiment amid persistent oversupply, and expects narrow consolidation.