Lithium Valley Main Report 2018
Table 12 : WA Quarterly cobalt export growth (Mar’15 – Jun ’17) Quarter Quantity (kt) Quantity growth (kt) Quantity growth (%) Value ($Am)
Value growth ($Am)
Value growth (%)
Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17
1.15 1.72 1.31 1.54 1.36 1.27 1.25 1.26 1.01 1.21
41.79 61.67 49.77 46.25 40.26 38.57 41.81 48.43 56.16 91.13
0.58 -0.42 0.24 -0.19 -0.08 -0.02 0.01 -0.25 0.19
0.58% -0.42% 0.24% -0.19% -0.08% -0.02% 0.01% -0.25% 0.20%
19.88 -11.90 -3.52 -5.98 -1.70 3.24 6.62 7.73 34.97
41.45% -24.81% -7.35% -12.48% -3.54% 6.76% 13.81% 16.12% 72.91%
Source: Department of Mines, Industry Regulation and Safety, WA
Figure 34 and Table 12 highlight the stagnant export volume, but there is an upward trend in overall sales value of cobalt in WA, particularly towards the end of FY2016-17. This is a reflection of the rapid increase in price per tonne towards the end of FY2016-17. In the financial year 2016- 17, some 4.3kt were exports at a value of A$237.5m. Figure 35 illustrates the cobalt price movement ($A per tonne), between July 2012 and June 2017:
Figure 35: WA Quarterly cobalt price per tonne (Jul’12 – Jun ’17) 35
WA Quarterly cobalt price per tonne (Jul’12 – Jun ’17)
$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 $90,000
Source: London Metals Exchange
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