By the AGMetalminer team The cobalt price index fell below $26,000 per tonne as of April 2023, its lowest level since 2019. Indeed, while cobalt demand remains largely steady, there has been a significant increase in supply. Meanwhile, analysts expect the demand for refined cobalt, frequently used in rechargeable batteries, to increase by 8% to 205,000 tonnes by 2023. However, they also anticipate supply to increase by 24% to roughly 210,000 tonnes.Forecasts predict the Democratic Republic of the Congo will deliver 180,000 tonnes of cobalt this…
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