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Cobalt Miners News For The Month Of May 2026
2026-05-22 · via All Articles on Seeking Alpha

Summary

  • Cobalt spot prices were flat the past month.
  • Cobalt market news - Fastmarkets: Cobalt fundamentals remain tight. Just as availability from the DRC looks like it will improve, risks to Indonesian supply have risen.
  • Cobalt company news - Glencore produced 5,800t of cobalt in Q1, down 39% YoY. Sumitomo Metal Mining fiscal 2025 profit was 176,290M Yen, up 969.3% YoY.
  • Electra signs Definitive $20 million Investment Agreement with Government of Canada to advance strategic refinery. TMC's deep-seabed mining application is in full compliance, expects a permit before the end of Q1 2027.
  • Havilah Resources signs Agreement with Hillgrove to earn an 80% interest in the Mutooroo Copper Project.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »
Cobalt Co, chemical element sign. 3D rendering isolated on white background

AlexLMX/iStock via Getty Images

Welcome to the May 2026 cobalt miners news.

The past month saw cobalt prices flat.

Cobalt price news

As of May 20, the cobalt spot price was at US$25.53/lb, flat from US$25.53/lb last month. The LME cobalt

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of VALE SA (VALE), ZIJIN MINING GROUP [SSE:601899], ELECTRA BATTERY MATERIALS [TSXV:ELBM], COBALT BLUE [ASX:COB] either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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