July 7, 2025 02:01 PM GMT Zhejiang Huayou Cobalt Co Ltd | Asia Pacific Huayou attributed the substantial profit growth to production of Huafei project, stable production and cost savings of Huayue project, increase in raw materials self- sufficiency of MHP, rise in cobalt prices, and improvement of operating efficiency and good expenses control. We expect Huayou to continue to benefit from rising cobalt prices in 2H25, which have risen ~7% since DRC announced it would extend cobalt export ban for three mont ...