What is the Average Cost of Cobalt per gram/ton? Average Cobalt Element Price

Cobalt is a chemical element which appears silvery-gray and is quite hard and lustrous. This metal is created as a by-product when mining for copper and nickel. Cobalt has been used throughout history in ceramic and glass manufacturing due to its rich blue pigment. It is also a nutrient for fungi, algae and bacteria. The average cost of a ton of cobalt is $70,000.