The chemical element cobalt has the symbol Co and the atomic number 27. Cobalt, like nickel, is exclusively found in chemically mixed form in the Earth’s crust, with the exception of tiny amounts found in natural meteoric iron alloys. Reductive smelting produces a hard, glossy silver-gray metal as the free element.
Airbags in automobiles, catalysts for the petroleum and chemical industries, cemented carbides (also known as hard metals) and diamond tools, corrosion- and wear-resistant alloys, drying agents for paints, varnishes, and inks, dyes and pigments, and ground coats for porcelain enamels are all made with Cobalt.
Furthermore, Cobaltite, skutterudite, and erythrite are minerals that contain this element. The Democratic Republic of the Congo, Canada, Australia, Zambia, and Brazil all have significant mineral reserves. Cobalt is mostly produced as a by-product of nickel refining. It’s pricey, heavy and related to unethical mining, dramatic price swings, and a shaky global supply chain.
If you want to learn about Cobalt or any other metal, there are several APIs for learning about metal pricing available online. Metals-API is one of the most popular free APIs. It has an easy-to-use interface with live and historical precious metals rates. This API provides direct pricing and quotes in a variety of currencies for precious metals such as Gold, Silver, Copper, Nickel, Titanium, Aluminum, and other base metals.
Japan’s official currency is the Yen. After the US dollar and the Euro, it is the third most traded currency in the foreign exchange market.
Metals-API.com provides API access to live market data of precious metals with a 2 decimal point precision and a 60-second refresh rate.
- API for real-time, historical, and tick-by-tick periodicity
- Real-time precious metals prices API for Gold, Silver, Palladium, and Platinum
- Real-time metals price API for base metals and platinum group metals
- Intraday and historical charts AP
- Historical spot and future prices for Gold, Silver, Palladium, and Platinum
- Access institutional quality real-time precious metal prices through an easy-to-use API using a trusted Gold and Silver pricing API used by hundreds of companies in the industry.
- Easily include real-time Gold and other metals prices in your spreadsheets, websites, mobile apps, and other business applications.
- Reduce the time it takes for apps that rely on precious metal prices to reach the market.
- Using cloud APIs, you may get rid of the aches and complexities of legacy feeds.
Thousands of developers, small enterprises, and large corporations use Metals-API.com every day. Metals-API is the most reliable source for real-time precious metals rates due to its robust data sources and 6+ years of experience. You can sign up here.
Metals-API gathers market data prices in a range of formats and frequencies from a variety of trading sources and institutions throughout the world. Commercial sources are given a higher weighting because they more accurately reflect market exchange, especially for major currencies and metals.
Metals-API Drupal module provides extensive settings for displaying preferred date metal rates as well as the most recent. This free license is all you need if you merely want a daily snapshot of precious metal prices. The rate can be refreshed once a day (every 24 hours) by the drupal module, and it will fall inside the free license’s limit of 50 requests per month. Additional daily refreshes will necessitate the purchase of a paid license, which may be obtained for a reasonable price. You can also try Metals-API WordPress Plugin which consumes, caches, and produces blocks to display precious metal prices.
Also published on Medium.