⚗️ Minor & Specialty

Cobalt Price Today

Cobalt metal and chemicals used in lithium-ion batteries, superalloys, and cutting tools.

Last updated: July 19, 2026

14.66
USD/lb
-0.88%
24h change
-3.62%
7-day change
-3.99%
30-day change
30-Day Price Trend
About Cobalt

Cobalt is a critical battery metal used in lithium-ion battery cathodes for electric vehicles and portable electronics. Supply is heavily concentrated in the Democratic Republic of Congo.

Common Grades & Types
Cobalt Metal (99.8%)
Standard metal, the exchange delivery standard.
Cobalt Scrap (turnings, alloy)
Superalloy and hard metal scrap with cobalt content.
Black Mass
Processed lithium-ion battery scrap containing cobalt, lithium, nickel.
Key Applications
  • EV battery cathodes (NMC, NCA)
  • Superalloys (aircraft turbine blades)
  • Hard metals (cemented carbide)
  • Magnets (SmCo)
  • Chemical catalysts
What Drives Cobalt Prices
  • 1EV battery demand and cathode chemistry trends
  • 2DRC political and supply risk
  • 3Battery recycling supply (black mass)
  • 4NMC vs LFP battery chemistry shift (LFP uses no cobalt)
  • 5Chinese inventory levels
Frequently Asked Questions

Historical Prices
Last 30 days — USD/lb
DatePriceDaily Change
Jul 19, 202614.66-0.88%
Jul 17, 202614.79-0.87%
Jul 16, 202614.92-0.67%
Jul 15, 202615.02+0.33%
Jul 14, 202614.97-0.33%
Jul 12, 202615.02-1.31%
Jul 11, 202615.22+0.07%
Jul 10, 202615.21-0.72%
Jul 9, 202615.32-0.65%
Jul 8, 202615.42-1.28%
Jul 7, 202615.62+0.84%
Jul 6, 202615.49+0.78%
Jul 5, 202615.37-0.19%
Jul 4, 202615.40-0.19%
Jul 3, 202615.43-0.52%
Jul 2, 202615.51-1.21%
Jul 1, 202615.70
Jun 30, 202615.70+0.83%
Jun 29, 202615.57+0.84%
Jun 28, 202615.44-1.47%
Jun 26, 202615.67+0.51%
Jun 25, 202615.59-0.64%
Jun 24, 202615.69
Jun 23, 202615.69+0.84%
Jun 22, 202615.56+0.78%
Jun 21, 202615.44+1.11%
Jun 20, 202615.27
Current Price
14.66
USD/lb
24h
-0.88%
7d
-3.62%
30d
-3.99%
Trade Cobalt
Global B2B marketplace
Prices by Country

Prices are indicative and updated daily. Not for use as binding contract prices.