US restarts $500M tender as cobalt prices rise
US Defense Department to Renew Cobalt Bids The US Department of Defense plans to reissue updated bids for cobalt, potentially worth up to $500 million, by the end of November 2025. Winning bids are anticipated in early February 2026, as reported. The Defense Logistics Agency (DLA) initially sought offers for around 7,500 tonnes of cobalt […]