China's Tengyuan Cobalt listed by LME
Time:Fri, 23 Jun 2023 09:28:02 +0800
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On June 20, London Metal Exchange (LME) made an announcement to approve the listing of China's Cobalt brand, Tengyuan Cobalt New Material Co. Cobalt is widely used in the production of batteries for new energy vehicles.
LME is the biggest market for non-ferrous metals and was established in 1876. Its prices and stock level have a big influence on metal production and sales activities.
