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Cobalt Outlook
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Cobalt Outlook
Cobalt Outlook
2008 August issue
The cobalt industry is unusually complex in many respects
The supply base consists of several groups of producers with different business models and economic drivers, including a significant volume of by-product producers. A significant proportion of supply (currently around 45%) is sourced from a single country, the Democratic Republic of Congo, which has a history of political instability and civil war.

Cobalt Outlook


The accelerating demand for cobalt over the past few years has culminated in record price highs in recent times. This has thrown the spotlight on the cobalt market worldwide, reinforcing the need for an informed position on all areas of the industry.

Comprehensive coverage

CRU’s The Outlook for Cobalt 2008 provides an extensive review of the supply and demand side factors that will shape the cobalt market over the period to 2024.

 

The study examines on a country-by-country basis the reserves of cobalt that are available and economically viable, and assesses the projected changes in cobalt production, capacity and trade patterns.

 

It also considers the impact of new technology on cobalt demand, focusing on areas key to long-term growth prospects. The report brings together CRU’s industry experience and quantitative expertise to generate forecasts for prices and associated marginal costs.

 

Expert analysis and advice

Subscribers to the Outlook for Cobalt 2008 have access to our analysts who can help you understand the implications of changes in the market for your company. Assistance with strategic planning, procurement or asset valuation can also be provided.

 

The service provides:

·         Insight to the structure of the cobalt market

·         Historical and 15 year forecast data on output from the significant producers

·         Investigation of potential future supply projects and economic viability

·         Full analysis of the end-use markets with 15 year forecast on demand levels

·         A comprehensive review of historical and future price trends

 

Detailed analysis of the key issues include:

·         Cobalt prices have shown significant volatility over the past year and have recently risen to historically high levels. Which factors have prompted these increases and will they persist?

·         Demand for cobalt has grown robustly in recent years, with the rechargeable battery and the super-alloy sectors leading the way – what are the prospects for these key markets in the years ahead? Which other end-use sectors will be important sources of demand?

·         To what extent have recent high prices, volatility and other factors sown the seeds for substitution away from cobalt?

·         The prospects of new supply suggest that cobalt prices will fall from recent highs. How quickly and how far might prices fall in the next few years?

·         On the supply side, there are a large number of prospective cobalt projects at various stages of development. What is the outlook for supply for the coming years and who will be the major suppliers?

·         Historically the cobalt industry has been strongly reliant on supply from the Democratic Republic of Congo. Will this pattern change or will the Democratic Republic of Congo remain the key supplier?

 

Subscribers to this service will gain a unique insight into key drivers for the cobalt industry.

 

Contact
For more information, please contact:

Richard Pell
Steel Sales Manager
tel: +44 20 7903 2166

email: richard.pell@crugroup.com

Cobalt outlook







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