COBALT PRICE — AFRICA
Reference price, ore grades, payable % and export notes for cobalt producers and traders in Africa. MetalPulse never shows a bare price — every figure carries source, units, market type and timestamp.
Reference price and source
Quoted as USD per lb (Fastmarkets), sourced from Fastmarkets standard-grade cobalt. Local-currency conversion uses the central bank mid-rate at calculation time. We classify each row as live, delayed, proxy or forecast.
Ore grades and concentrate basis
Typical ranges: concentrate 5–25 % Co; hydroxide 30–40 %. Always specify dry metric tonne (DMT) basis when negotiating — moisture deduction is separate.
Payable % and buyer deductions
60–65 % on concentrate; 65–70 % on hydroxide. Common deductions: TC $4–6/lb payable Co, Cu credit.
Export from Africa
Most African producers export via Walvis Bay (Namibia), Durban (South Africa), Dar es Salaam (Tanzania) or Beira (Mozambique). Pricing is USD-denominated and converted to local currency at sale.
Frequently asked questions
What is today's cobalt price?
MetalPulse tracks the Fastmarkets standard-grade cobalt live. The number on this page is updated continuously; the full dashboard shows the exact age and source classification.
How is cobalt ore valued?
Value = tonnes × grade fraction × recovery × payable % × reference price, then less treatment/refining charges and transport. Use the ore value calculator below.
What is the typical payable % for cobalt?
60–65 % on concentrate; 65–70 % on hydroxide