Cobalts

Cobalts

Cobalt is a critical mineral with growing global importance, particularly due to its essential role in the production of rechargeable batteries, superalloys, and advanced electronics. Cobalt is explored and processed with a focus on sustainability and ethical sourcing.

Support for Innovation

Primarily used in the production of high-performance rechargeable batteries—especially for electric vehicles (EVs), smartphones, and energy storage systems—cobalt also plays a vital role in aerospace alloys, cutting tools, and magnetic materials. Its ability to withstand high temperatures and improve battery stability makes it indispensable in advancing clean energy technologies.

Key Facts & Benefits

  • Superalloys: Cobalt is vital in producing high-strength, heat-resistant alloys used in aerospace engines, gas turbines, and power plants.
  • Hard Metals and Tools: Combined with tungsten carbide in cutting tools, drills, and mining equipment due to its durability and wear resistance.
Share in consolidated revenues

3.6%

Production of cobalt cathodes

1,286

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