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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
As we move towards a zero-emissions future, demand for rechargeable batteries and energy storage is increasing hugely to help decarbonise transport and integrate renewable energy into national electricity grids. Cobalt is an essential component in the cathodes of Lithium-ion batteries.
Cobalt Data Room76%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
Cobalt is mined across the world and the vast majority is produced as a by-product from large scale copper and nickel mines. The process of cobalt mining involves many steps, including locating suitable deposits and extracting the ore before refining it into a usable form.
Cobalt Data RoomEvents
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
Stanford Mineral X
Dinah McLeod and Marina Demidova will attend the Mineral X – key Silicon Valley minerals forum – to engage with downstream users and US policy-makers....
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