China cobalt powder production down 6.23% MoM in July 2026

In July 2026, China's cobalt powder production amounted to 617 tonnes, representing a month-on-month decrease of 6.23% and a year-on-year decline of 18.49%. During the month, downstream users largely maintained a cautious wait-and-see stance, while overall demand remained unsupported, resulting in a modest drop in output. For August, cobalt powder production is projected at 602 tonnes, down 2.43% MoM and 19.84% YoY.

Source: Mysteel

Edited by Cassie Li, lixiangying@mysteel.com