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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


Haul trucks at a DRC gold mine
Congo to audit major miners annually from 2027 as part of local content drive, regulator says
29th September 2026 By: Reuters

Democratic Republic of Congo will subject major mining companies to annual audits of subcontracting practices and compliance with local-content requirements from 2027, as authorities step up... 


USTDA deputy director Thomas Hardy and Anzana Electric Group CEO Brian Kelly
USTDA signs agreement to support reliable power for Lobito Corridor
23rd September 2026 By: Sabrina Jardim

The US Trade and Development Agency (USTDA) has signed an agreement with electric utility company Anzana Electric Group to fund a feasibility study to expand hydropower generation and upgrade... 


Molten copper
Congo plans centralised mining investment agency under US deal, sources say
22nd September 2026 By: Reuters

Democratic Republic of Congo is preparing a one-stop agency for major mining investments as part of reforms linked to its minerals partnership with the US, aiming to cut red tape and attract more... 


Stacks of copper
Zimbabwe secures funds for key commodity gateway upgrade
22nd September 2026 By: Reuters

Zimbabwe's government on Tuesday announced a funding agreement for the upgrade of the Chirundu border with Zambia, to reduce delays on a vital gateway connecting the central African copperbelt to... 


Mixtec to Showcase Advanced Agitation Solutions for Battery Minerals and Solvent Extraction at Electra Mining Africa 2026
21st September 2026

At Electra Mining Africa 2026, Mixtec will demonstrate how intelligent agitation design is helping mineral processors improve recoveries, reduce energy consumption and optimise plant performance... 


Drill core sample (copper)
Tertiary Minerals advances exploration at base metals prospect in Zambia
18th September 2026 By: Lumkile Nkomfe

Aim-listed mineral exploration and development company Tertiary Minerals has outlined a higher-grade, shallow silver/copper/zinc mineralised zone at its Target A1 prospect at the Mushima North... 


Black mass material
Electra Battery Materials demonstrates high nickel recoveries in refinery engineering study
17th September 2026 By: Marleny Arnoldi

TSX-V and Nasdaq-listed Electra Battery Materials Corporation has announced preliminary engineering results for the initial phase of its two-phase nickel refinery to process mine-derived feedstock... 


Mining Indaba logo
Africa's greatest mineral asset isn't underground
17th September 2026

The global race for critical minerals is entering a new phase. No longer defined solely by access to mineral reserves, it is increasingly being shaped by industrial policy, geopolitical... 


Mikhail Nikomarov,
Opinion: Africa's biggest opportunity is not its minerals but the leverage they create
17th September 2026

In this opinion article, Mikhail Nikomarov, a partner and associate director at BCG Johannesburg, argues that African countries do not need to capture every stage of every value chain to benefit... 


Nickel smelting
China's Lygend Resources looks to raise $547m in Shenzhen share sale
17th September 2026 By: Reuters

Chinese nickel provider Lygend Resources & Technology said on Wednesday it has priced its proposed share sale on the Shenzhen Stock Exchange at 21.23 yuan apiece, seeking to raise 3.67-billion yuan... 


A copper mine in the DRC
Congo copper exports hit record levels as sales to US and Europe double
16th September 2026 By: Reuters

Democratic Republic of Congo's copper exports hit a record 1.72-million metric tons in the first half of 2026, while the share shipped to the United States and Europe doubled from 2025 levels as... 


Nickel Industries plant in Indonesia
Dry conditions hamper ramp-up of Nickel Industries' newly commissioned Exelsior plant
15th September 2026 By: Marleny Arnoldi

ASX-listed Nickel Industries has advised of an interruption to the ramp-up of its Excelsior nickel/cobalt high pressure acid leaching project, in Indonesia, owing to dry conditions that have... 


two men sat in a testing room doing experiments
High PGM recovery achieved
11th September 2026 By: Halima Frost

Clean-metals project development and technology company Lifezone Metals’ Hydromet Technology successfully demonstrated high recovery of platinum-group metals (PGMs) using one tonne of US-sourced... 


The Tenke Fungurume mine in the DRC
Congo extends State control over mining with bid to lock down geological data
8th September 2026 By: Reuters

Democratic Republic of Congo plans to tighten control over geological data that guides billions of dollars in mining exploration, potentially extending state influence over the development of... 


Nickel smelting
Deeper cobalt discounts add to squeeze on Indonesian nickel producers' margins
4th September 2026 By: Reuters

Chinese makers of batteries for electric vehicles are demanding steeper discounts for cobalt, which could further cut into margins at Indonesian nickel producers squeezed by rising costs of ore and... 


Aeria view of Electra Mining's Ontario refinery
Cobalt sulphate refinery, Canada – update
4th September 2026 By: Sheila Barradas

Refinery construction remains on schedule and on budget. 


Nickel Mining:  Enhancing Efficiency through Precise Measurement
Nickel Mining: Enhancing Efficiency through Precise Measurement
31st August 2026

(Virtual Showroom) Process measurement requires a scientific approach. Ambatovy Minerals, located on the island of Madagascar, encounters challenges that differ significantly from those faced by... 


Electra's cobalt sulphate refinery
Cobalt refinery builder Electra secures C$17.5m Ontario funding
27th August 2026 By: Marleny Arnoldi

TSX-V and Nasdaq-listed cobalt processor Electra Battery Materials has finalised definitive agreements with an agency of the Ontario government, Invest Ontario, for C$17.5-million in funding to... 


A railway track
Mota-Engil said to win deal for US-backed Congo copper railway
26th August 2026 By: Bloomberg

Mota-Engil is set to sign a 30-year concession with the Democratic Republic of Congo to operate a key copper and cobalt railway, potentially backed with up to $1-billion of US financing. The deal... 


Early works at Electra's cobalt refinery in Ontario
Electra Battery Materials secures Glencore feedstock for new Canadian cobalt refinery
21st August 2026 By: Marleny Arnoldi

With Nasdaq-listed Electra Battery Materials' cobalt sulphate refinery taking shape in Ontario, the company confirms it has secured cobalt hydroxide feed from diversified miner Glencore through... 


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pqt: 0.131s - ct: 0.189s - 277pq - 2rq
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