Global average price of cobalt metal 2024, by quarter

Published by
Madhumitha Jaganmohan,
Mar 28, 2025

In the first quarter (Q1) of 2024, the average price of cobalt metal worldwide amounted to 28,423 U.S. dollars per metric ton. The cobalt metal price was the highest in the first quarter of 2024, and decreased over the following quarters.

Average price of cobalt metal worldwide in 2024, by quarter (in U.S. dollars per metric ton)

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Release date

March 2025

Region

Worldwide

Survey time period

2024

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Other statistics that may interest you Cobalt industry worldwide

Overview

3

Reserves

2

Production

4

Countries

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Refined production

5

Trade

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Companies

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Consumption

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Prices

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Topics

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