More transparency for blue metal

摘要

THE COBALT PRICE could become less volatile if- as planned - it joins the ranks of the London Metal Exchange (LME). Currently, the market value of the blue metal is more or less determined by the UK-based Metal Bulletin or the American Metal Market - both of which, according to some industry observers, do not provide the same level of price transparency as the LME. It is now anticipated cobalt will be listed on the London exchange by the middle of next year, and the news has been welcomed by one of the base metal's biggest champions.