Cobalt price shows volatility due to the uncertainties about mining and transport because of political issues.
It´s mainly traded in London Metal Exchange and in recent years the demand for this mineral was pushed by the use in lithium batteries for electric vehicles. The type of battery used in the next generation of electric vehicles could play a big role in the direction of the price of this mineral.
Data from Delta Analysis U.S. Geological Survey (USGS).
To download the data, click the cloud in the right corner at the bottom of the figure.