Latest updates
Strengthening ESG for a Competitive Cobalt Future: Cobalt Institute Hosts Workshop in Kinshasa
By Susannah McLaren, Head of Responsible Sourcing & Sustainability, Cobalt Institute
Cobalt Institute, in partnership with the Chamber of Mines of DR Congo and the Union des Sociétés Minière...
Preventing the EU’s Imminent Self-Destruction of Its Cobalt Industry
The European cobalt industry warned the European Commission in a letter that contrary to Europe's ambition to strengthen its independence in critical raw materials - especially cobalt - the Commission...
News
Cobalt Learning Group Session on Voluntary Principles Convened by Cobalt Institute
On November 7, Cobalt Institute convened a virtual Cobalt Learning Group (CLG) session for our members focused on the Voluntary Principles on Security and Human Rights (VPSHR) and its application in c...
- 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
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