Shrinking aerospace demand to keep pressure on cobalt prices

LONDON (Reuters) - Cobalt prices are at 10-month lows due to sagging demand from the electric vehicle and aerospace sectors amid the COVID-19 pandemic and look likely to slide further as airlines defer maintenance.Airlines such as Australia's Qantas , Qatar Airways and Singapore Airlines are looking to defer plane deliveries from Airbus and Boeing and this means postponed demand for cobalt and nickel alloys used in jet turbine blades.(GRAPHIC: Cobalt demand from aerospace -..