Cobalt: ‘Significant’ demand growth expected over next decade with market likely to double

Roskill’s Ying Lu says a combination of expansions, re-starts, recycling and new projects will be required if cobalt supply is to meet demand over the next decade.

She’s forecasting significant cobalt demand growth over the next decade with the market expected to roughly double in size.

Roskill’s Cobalt: Outlook to 2029, 15th Edition was published in August 2019 and includes 10 year forecasts for the market.

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