Latest updates
News
Cobalt Institute launches Downstream Engagement Group
Cobalt Institute launches Downstream Engagement Group
Cobalt Institute – the global industry association representing cobalt producers, users, recyclers, and traders – is delighted to announc...
News
Securing the future of Europe’s critical raw materials sector
Cobalt, Nickel, Lithium and Graphite – All key raw materials for Europe’s strategic autonomy, defence sector and vital components to produce clean energy technologies. Europe urgently needs to inc...
News
Mining cobalt from waste: Capturing lost value in a responsible cobalt value chain
Did you know over 34,000 tonnes of cobalt ended up in e-waste globally in 2022?
That is equivalent to a sixth of the global supply of primary mined cobalt in 2022 or, if you like, more than one-and...
- Cobalt Facts
- Powering Change
- Mining & Production
99%of cobalt is mined as a by-product of copper and nickel
x3cobalt demand growth by 2050, driven by cobalt use in EV batteries, aerospace, defence and consumer electronics
$1.7bnis required by 2050 to build the cobalt mines needed to meet growing demand
B12cobalt is a bio-essential element, helping humans and animals stay healthy
10all the top 10 EV models in the US and Europe rely on cobalt-containing chemistries
61%of demand growth supported by EV batteries
x4demand growth by 2050 from aviation, defence, space exploration, satellites, drones
25%of cobalt can be recycled by 2035 and 39% by 2050
76%of mined cobalt comes from DR Congo, followed by Indonesia (12%)
2%share of artisanal cobalt mining in the DR Congo in 2024
82%of global refined cobalt supply was certified against Responsible Minerals Initiative
+200ktcobalt demand in 2024 – strongest annual growth since 2021
Events
Cobalt Institute Event
Bridging Demand, Policy, and Innovation to Secure a Just and Sustainable Critical Minerals Future: Cobalt Institute Breakfast Roundtable
Cobalt Institute is convening a high-level event during the New York Climate week, to explore the intersection of demand, policy, and innovation in shaping a sustainable and just future for critical minerals.
Cobalt Institute Event
Critical Metal, Critical Moment: The State of the Cobalt Market
Join the Cobalt Institute and Benchmark Mineral Intelligence for an expert-led discussion on the latest trends shaping the global cobalt market.
External Event
Fastmarkets – International Critical Minerals and Metals Summit: Indonesia
As demand for critical minerals rises globally, Indonesia is ideally placed to use its reserves as a strategic asset to negotiate trade deals, attract foreign investment, strengthen its geopolitical i...
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