Huayou Cobalt: The cobalt market is expected to enter a new cycle of simultaneous increase in both quantity and price.

Huayou Cobalt expressed on the interactive platform that this round of American stockpiling further highlights the strategic status of cobalt as a metal. In the future, with the continuous development of new energy vehicles and consumer electronics, as well as the continuous commercial application of various new technologies such as 5G, 6G, AI, Internet of Things, and satellite communication, coupled with the shrinking supply from the supply side, the cobalt market is expected to enter a new cycle of simultaneous rise in quantity and price.