Cobalt

The trends and forces driving the cobalt market

From continued growth in demand and market share for electric vehicles to the build-up of energy storage systems, cobalt is key in the global transformation to new energy sources. But there is a lack of diversity in the supply chain for battery and automakers. Roughly 70% of mined cobalt comes from the Democratic Republic of Congo – where the supply and reputational risks for manufacturers are well known – and 70% of cobalt processing occurs in China.

Logistics and shipping disruptions are still a key issue, and high prices for the battery material continue. In response, we’re seeing an even greater need for the recycling of cobalt for electric vehicles.

We provide data-driven insights and analysis to help you understand the market further. From cobalt price data to futures contracts, forecasts to market news, our experts provide you with intelligence on what’s driving the cobalt market.

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What’s happening in the cobalt market?

The structure of the cobalt market is changing as new, more diverse supply is brought to market and ESG considerations come more into focus. Get the latest cobalt news and analysis from our expert price reporters, analysts and researchers.

Eurasian Resources Group (ERG) and joint-venture partner La Générale des Carrières et des Mines (Gécamines) will reinstate copper-cobalt producer Boss Mining in the Democratic Republic of Congo

The Commodity Futures Trading Commission starts reporting cobalt futures position information

Recycling and sustainable production have become topics that mining companies have had to face up to, the audience at Mines and Money’s Resourcing Tomorrow conference heard

Muthu Krishna, battery cost modeller at Fastmarkets, discusses the impact of high battery raw material prices and the increasing popularity of LFP

Vale Canada and General Motors (GM) have signed an agreement for the long-term supply of battery-grade nickel sulfate, Vale Canada said on Thursday November 17

Five key takeaways from the annual nickel and cobalt conference hosted by Chinese information provider Antaike over November 2-4 in Changzhou, China

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