As a follow-up to a post earlier today about Japan replenishing various key metals and the USĄŻ need to do the same, a story released yesterday from Reuters mentions Japan Oil, Gas and Metals National Corp (JOGMEC) was unable to come to price terms for the purchase of two strategic metals ¨C cobalt and ferro vanadium.
This comes as no surprise, particularly in terms of cobalt which is currently in short supply. The supply market should ease somewhat as producers that shut down operations this summer re-open again in the fall. |
