In June 2026, China's cobalt sulfate production reached 14,028 tonnes, down 7.34% month-on-month and 12.58% year-on-year. During the month, downstream demand for cobalt sulfate saw no significant improvement, while the supply of cobalt intermediates on the raw material side remained persistently tight. Smelters primarily maintained stable operations at low utilization rates. Meanwhile, production scheduling at NCM (nickel-cobalt-manganese) and LCO (lithium cobalt oxide) enterprises has already shown restorative growth.
Edited by Cassie Li, lixiangying@mysteel.com
