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Cobalt

Cobalt is a hard, lustrous, silver-grey metallic element used primarily in the production of rechargeable lithium-ion batteries, superalloys and various industrial applications. The metal is critical to the global energy transition, as it forms a key component in cathodes for electric vehicle batteries and energy storage systems. Cobalt is typically produced as a by-product of copper and nickel mining, with the Democratic Republic of Congo accounting for more than two-thirds of global mine production. Other significant producers include Russia, Australia, the Philippines and Canada. The element's unique properties—including high melting point, magnetic characteristics and resistance to corrosion—make it valuable in aerospace turbine engines, cutting tools, pigments and catalysts. Demand for cobalt has surged in recent years driven by the rapid expansion of electric vehicle manufacturing and renewable energy storage infrastructure. Supply chain concerns, including ethical sourcing and geopolitical concentration of production, have prompted efforts to diversify mining operations and develop recycling technologies. Cobalt prices are volatile, influenced by battery technology developments, mining output fluctuations and shifts in environmental and labour standards. The metal is traded on the London Metal Exchange and priced typically in US dollars per tonne. Major consumers include battery manufacturers in China, South Korea and Japan, alongside aerospace and industrial firms globally.

Cobalt News


GEOLOGICAL PROSPECTS
The Arabian-Nubian Shield is highly prospective owing to its arc-related volcanogenic massive sulphide deposits, orogenic gold, and porphyry-style mineralisation
Critical minerals drive Central, East African exploration - consultant
24th July 2026 By: Keabetswe Shilakwe

The Central African Copperbelt (CAC), spanning parts of the Democratic Republic of Congo (DRC) and Zambia, remains a primary focus for exploration driven by global demand for copper and cobalt,... 


A SHIFT TOWARDS BENEFICIATION 
Local content and beneficiation requirements are becoming one of the most visible expressions of resource nationalism across East Africa
Central, East African mining faces evolving risks - firm
24th July 2026 By: Keabetswe Shilakwe

The mining industry in Central and East Africa is bracing for an evolving operating environment driven by a complex interplay of security threats, resource nationalism and shifting global supply... 


STANDING FIRM
SRK Consulting has participated directly in DRC’s transition from State-led to internationally financed mining development, from its Lubumbashi practice established 16 years ago and from its other consulting practices worldwide
DRC buoyed by growing mining-related investments 
24th July 2026

As the global race for critical minerals intensifies, the Democratic Republic of Congo (DRC) is seeing the benefit of growing investments from leading economies such as China and the US, reported... 


DANIEL VERWEY
Variable mineralogy and finer particle sizes require more customised reagent strategies supported by ongoing test work and process optimisation
Precision chemistry developed for complex DRC ores
24th July 2026

As the Democratic Republic of Congo (DRC) continues to expand copper and cobalt production to meet rising global demand for battery minerals, mining companies are using metallurgical solutions... 


HÉRA MPONDO 
Every tonne that moves from the informal to the formal economy is revenue for the State, bargaining power for communities and derisked supply for offtakers
Central Africa must embrace three key drivers, advisory finds
24th July 2026

Central Africa has entered a decisive phase in the global competition for critical minerals – one in which market access will increasingly be earned through three drivers: namely traceability,... 


A copper mine in the DRC
Congo presses ahead with local ownership rule for miners despite industry concerns
22nd July 2026 By: Reuters

Democratic Republic of Congo will begin enforcing a long-delayed requirement for mining companies to offer local ownership stakes from July 31, the mines ministry said, despite concerns from some... 


Sherritt signage
Note holders group of Sherritt claims proper recapitalisation engagement is lacking
20th July 2026 By: Marleny Arnoldi

An ad hoc group of note holders of nickel and cobalt producer Sherritt International Corporation has expressed concern about the company's claims to be in active discussions with its senior lenders... 


Drill core from Piauí project
Piauí nickel project, Brazil – update
17th July 2026 By: Sheila Barradas

Brazilian Nickel has secured financing from Banco Nacional de Desenvolvimento Econômico e Social, in Brazil, for its subsidiary Piauí Nickel Metais to develop the project. 


A doctor in PPE
Congo Ebola outbreak disrupts US-backed minerals talks, sources say
15th July 2026 By: Reuters

A worsening Ebola outbreak in the Democratic Republic of Congo (DRC) is disrupting travel and delaying meetings tied to a US-backed critical minerals partnership aimed at loosening China's hold on... 


Chilean Cobalt drill core samples
Rare earths explorer Chilean Cobalt starts next earn-in phase of work, ships carbonate concentrate samples
15th July 2026 By: Marleny Arnoldi

As US-based Chilean Cobalt Corporation works to earn 100% ownership of the NeoRe rare earths project in southern Chile, the company has completed a Phase 1 work programme and has actively started... 


Mine trucks in operation at a mine in the DRC
Congo's planned mining law reform could dent investor confidence, industry warns
14th July 2026 By: Reuters

Democratic Republic of Congo's main mining industry body has warned that proposed changes to mining laws aimed at tightening state control could dent investor confidence in the world's top cobalt... 


Brazilian Nickel's Piauí cobalt and nickel project
Brazilian Nickel secures $19m financing for Piauí nickel, cobalt mine
14th July 2026 By: Marleny Arnoldi

Nickel and cobalt-focused Brazilian Nickel has secured $19.2-million in financing from Banco Nacional de Desenvolvimento Econômico e Social, (BNDES) in Brazil, for its subsidiary Piauí Nickel... 


Sherritt's nickel/cobalt joint venture operation in Cuba
Sherritt pursuing comprehensive recapitalisation to cope amid Cuba challenges
14th July 2026 By: Marleny Arnoldi

Embattled nickel and cobalt refiner Sherritt International Corporation has warned it is operating with constrained liquidity after it suspended its joint venture activities in Cuba and stopped its... 


DRC President Felix Tshisekedi
Heavy-handed revenue enforcement a threat to Congo mining sector, warns president
13th July 2026 By: Reuters

Congolese President Felix Tshisekedi has ordered state revenue agencies to refrain from heavy-handed enforcement operations against mining companies, warning that excessive measures could dent... 


Copper cathode produced in the DRC
Congo taps Portugal’s Mota-Engil to revive copper rail link
13th July 2026 By: Bloomberg

The Democratic Republic of Congo (DRC) approved a plan to partner with Portuguese construction company Mota-Engil SGPS on rehabilitating a key railway used for transporting copper and cobalt. The... 


Ore in truck
China expands strategic mineral toolkit with new investment firm
13th July 2026 By: Bloomberg

A new, Beijing-backed mining investment vehicle is aimed at bolstering China’s grip on overseas resources, as the country pushes back against US and European efforts to curb its dominance of the... 


An AI generated image of a mine truck the African continent and financial scales
DRC integral in energy transition metals supply
10th July 2026 By: Halima Frost

The global energy transition represents a significant opportunity for the Democratic Republic of Congo (DRC), with its vast reserves of copper, cobalt and other critical minerals, says... 


Sam Hosack
Phase 3 drilling programme at Prospect’s Zambia project on schedule
7th July 2026 By: Sabrina Jardim

The overall Phase 3 exploration programme at ASX-listed Prospect Resources’ Mumbezhi copper project, in Zambia, is progressing to schedule and budget, with MD and CEO Sam Hosack reporting that... 


A copper and cobalt mine in the DRC
Congo sees no major threat from Middle East crisis to copper, cobalt output
6th July 2026 By: Reuters

Democratic Republic of Congo does not expect significant disruptions to copper and cobalt production this year due to chemical supply constraints stemming from conflict in the Middle East, a senior... 


A generic image of exposed copper
Critical Metals agrees to new convertible loan note facility
6th July 2026 By: Lumkile Nkomfe

Mining and exploration company Critical Metals has reached an agreement with its largest shareholder European investment company NIU Invest to subscribe for £2.5-million of convertible loan notes... 


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pqt: 0.107s - ct: 0.161s - 275pq - 2rq
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