Commodity ratio · live
Iron Ore to Cobalt Ratio
The iron ore to cobalt ratio is 0.001805 — Iron Ore at $101.60 per Metric Ton divided by Cobalt at $56,290.00 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.
Iron Ore to Cobalt ratio
1.000 T of iron ore = 0.001805 T of cobalt
Inverse (COB/IORECR): 554.0 — one Metric Ton of cobalt buys that much iron ore.
Iron Ore
$101.60
per Metric Ton
Cobalt
$56,290.00
per Metric Ton
Unit basis: USD per Metric Ton ÷ USD per Metric Ton. The ratio reads as Metric Tons of cobalt per Metric Ton of iron ore. Prices as of Mon, 24 Aug 2026 11:24:30 GMT.
Iron Ore to Cobalt ratio charts
Pick a range once — it applies to the IORECR/COB ratio line, the OHLC candles and the Iron Ore / Cobalt price chart below.
IORECR/COB ratio line
How many T of Cobalt one T of Iron Ore buys, over 1Y.
No overlapping history for IORECR/COB over 1Y. Try a longer range.
IORECR/COB ratio candles
Open, high, low and close of the IORECR/COB ratio for each period in the last 1Y.
No overlapping history for IORECR/COB over 1Y. Try a longer range.
Iron Ore and Cobalt prices
Both legs of the ratio on their own axes, so you can see which one moved over 1Y.
How to calculate the iron ore to cobalt ratio
Iron Ore to Cobalt ratio = Iron Ore price per Metric Ton ÷ Cobalt 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: $101.60 ÷ $56,290.00 = 0.001805. The inverse is 554.0.
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 iron ore to cobalt ratio today?
The iron ore to cobalt ratio is 0.001805 — Iron Ore at $101.60 per Metric Ton divided by Cobalt at $56,290.00 per Metric Ton, from live mid-market prices.
How do you calculate the iron ore to cobalt ratio?
Divide the iron ore price per Metric Ton by the cobalt 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 cobalt per Metric Ton of iron ore.
What is the inverse of the iron ore to cobalt ratio?
The inverse, cobalt to iron ore, is 554.0 — how many Metric Tons of iron ore one Metric Ton of cobalt buys.