Commodity ratio · live
Cobalt to Iron Ore Ratio
The cobalt to iron ore ratio is 554.0 — Cobalt at $56,290.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton.
Prices as of Aug 24, 2026, 11:24 AM UTC. Change either side of the calculator to price any other pair from 170+ commodities.
Cobalt to Iron Ore ratio
1.000 T of cobalt = 554.035 T of iron ore
Inverse (IORECR/COB): 0.001805 — one Metric Ton of iron ore buys that much cobalt.
Cobalt
$56,290.00
per Metric Ton
Iron Ore
$101.60
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of iron ore per Metric Ton of cobalt. Prices as of Mon, 24 Aug 2026 11:24:31 GMT.
Cobalt to Iron Ore ratio charts
Pick a range once — it applies to the COB/IORECR ratio line, the OHLC candles and the Cobalt / Iron Ore price chart below.
COB/IORECR ratio line
How many T of Iron Ore one T of Cobalt buys, over 1Y.
No overlapping history for COB/IORECR over 1Y. Try a longer range.
COB/IORECR ratio candles
Open, high, low and close of the COB/IORECR ratio for each period in the last 1Y.
No overlapping history for COB/IORECR over 1Y. Try a longer range.
Cobalt and Iron Ore prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the cobalt to iron ore ratio
Cobalt to Iron Ore ratio = Cobalt price per Metric Ton ÷ Iron Ore price per Metric Ton
Both legs share the same unit, so the result is a plain unitless number, directly comparable across time.
Worked example, live prices: $56,290.00 ÷ $101.60 = 554.0. The inverse is 0.001805.
The flagship commodity ratios
Each of these has its own dedicated page with live pricing, a full year of history and range statistics.
Live prices behind the ratio
| # | Symbol | Name | Rate (USD) |
|---|---|---|---|
| 1 | XAU | Gold | 4640.70 |
| 2 | XAG | Silver | 68.90 |
| 3 | WTIOIL-FUT | Crude Oil WTI Futures | 85.69 |
| 4 | BRENTOIL-FUT | Crude Oil Brent Futures | 92.88 |
| 5 | NG-FUT | Natural Gas Futures | 2.78 |
| 6 | PL | Platinum | 1883.84 |
| 7 | PA | Palladium | 1350.90 |
Frequently asked questions
What is the cobalt to iron ore ratio today?
The cobalt to iron ore ratio is 554.0 — Cobalt at $56,290.00 per Metric Ton divided by Iron Ore at $101.60 per Metric Ton, from live mid-market prices.
How do you calculate the cobalt to iron ore ratio?
Divide the cobalt price per Metric Ton by the iron ore price per Metric Ton. If the two units differ, the result is a rate rather than a plain count — read it as Metric Tons of iron ore per Metric Ton of cobalt.
What is the inverse of the cobalt to iron ore ratio?
The inverse, iron ore to cobalt, is 0.001805 — how many Metric Tons of cobalt one Metric Ton of iron ore buys.