Dec 05 2025FINANCE
Cobalt Prices Skyrocket, U. S. Defense Agency Reevaluates Stockpile Plans
The U. S. Defense Logistics Agency (DLA) is taking a step back to rethink its cobalt purchasing strategy. With cobalt prices surging by 50% since August, the agency is now reassessing its plans to stockpile this crucial metal. The DLA's initial tender, which aimed to purchase 7, 480 metric tons of c
reading time less than a minute
