New cobalt supply central to growing electric vehicle market

Cobalt is a technology and energy metal with unique physical and chemical properties making it ideal for use in a wide range of metallic and chemical applications. Historically, consumption was dominated by metal alloys, leveraging cobalt’s high strength at elevated temperatures, strong magnetics, and wear and corrosion resistance-properties needed in aerospacesuperalloys,cuttingtools, binders for cemented carbides, permanent magnets, prosthetics and recently, semi-conductors.

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