To serve these rapidly growing industries the number of cobalt-producing countries has doubled from seven in 2000 to 16 in 2024, according to Mining Technology’s parent company GlobalData. While ...

The cobalt market is no stranger to boom and bust cycles but the current downturn is unprecedented and no-one is sure how ...

Strong electric vehicle (EV) sales have been driving up demand for key battery raw materials in recent years. EVs require ...

Sherritt International said it expects higher production of nickel and cobalt at its Moa Joint Venture in 2025. On 2024 nickel and cobalt production at Moa: Sherritt reported finished nickel ...

Although Chinese companies hold stakes in only three of the top 10 cobalt-producing countries, they control over half of the cobalt production in the DRC and Indonesia, and 85% of the output in ...

Cobalt prices have dropped to their lowest level since 2016, driven by a surge in global production that continues to exert ...

Inflation adjusted cobalt prices are the lowest in 100 years after a deluge of new supply. Stagnating demand from EVs only ...

Cobalt is a byproduct of nickel and copper mining. In recent years, cobalt has taken its place as one of the world’s most sought-after commodities due to its use in semiconductor chips and the ...

And the Democratic Republic of Congo, or Congo for short, is the king of cobalt. Last year, it accounted for about three-quarters of global production, according to Benchmark Mineral Intelligence.

As a result, the number of cobalt-producing countries has doubled from seven in 2000 to 16 in 2024. Global cobalt production surpassed the 200kt mark for the first time in 2023 and is expected to ...

To serve these rapidly growing industries the number of cobalt-producing countries has doubled from seven in 2000 to 16 in 2024, according to Mining Technology’s parent company GlobalData.