Correction to Fastmarkets’ South Korea NCM/NCA black mass prices cobalt, nickel payables: pricing notice

Fastmarkets has corrected its assessments of the black mass payable indicators, cif South Korea, for both nickel and cobalt, which were published incorrectly on Wednesday August 16 due to a back-end calculation error.

The assessments for MB-BMS-0001 black mass, NCM/NCA, payable indicator, nickel, cif South Korea, % payable LME Nickel cash official price, and MB-BMS-0002 black mass, NCM/NCA, payable indicator, cobalt, cif South Korea, % payable Fastmarkets’ standard-grade cobalt price (low-end), have been corrected to 73-75% from the originally published values of 69-75%.
Fastmarkets’ price book and database have been updated to reflect this change.
For more information, or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to these prices, please contact Lee Allen by email at: Please add the subject heading: “FAO: Lee Allen Re: South Korea black mass.”
To see all Fastmarkets’ pricing methodology and specification documents, go to

Lee Allen


Lee Allen

August 16, 2023

18:15 GMT