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Cobalt Institute and CCCMC sign Memorandum of Understanding
Cobalt Institute and the China Chamber of Commerce of Metals, Minerals and Chemicals Importers and Exporters (CCCMC) signed a Memorandum of Understanding (MoU) in Beijing on 5 November 2026, marking a...
News
Five key takeaways from the Cobalt Learning Group London workshop
How can companies navigate evolving requirements while keeping due diligence focused on addressing risks to people? This question ran through the Cobalt Learning Group (CLG) workshop in London in Octo...
News
Diversifying Cobalt Supply: Why Commercially Viable Alternatives Matter
By Karolina Chmielewska, Policy and Communications Officer, Cobalt Institute
Diversifying Cobalt Supply Key highlights:
Cobalt dependencies reflect the structure of global supply cha...
- 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
External Event
Resourcing Tomorrow London
Resourcing Tomorrow is one of the leading events for the global mining sector, bringing together key decision-makers in London on 1-3 December 2026 to discuss investment, project development, supply c...
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