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Cobalt: 5 things to look for in 2023

Predictions for the year ahead

1 minute read

Inside this year’s report

2022 was eventful for cobalt and very much a year of two halves, with prices on a rollercoaster ride. The cobalt market was marked by a shift in fundamentals, supply chain disruptions and price divergences across products and geographies.

We expect 2023 to be a year of consolidation with a mixed bag of risks and opportunities for the industry.
Drawing on insight from the Cobalt Research Suite, we share our predictions for the year ahead in Cobalt: 5 things to look for in 2023. This includes:

  • Automotive sector still leading growth
  • Costs and margins shifting
  • A supply surplus on the horizon?
  • And more.

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