China cobalt powder production up 7.17% in June 2026

In June 2026, China's cobalt powder production reached 658 tonnes, up 7.17% month-on-month but down 15.32% year-on-year. During the month, downstream users generally maintained a cautious wait-and-see stance, with a slow pace of restocking and overall demand lacking solid support. Nevertheless, cobalt powder margins within the industrial chain remained relatively acceptable, leading to a slight increase in output.

Edited by Cassie Li, lixiangying@mysteel.com