Latest Updates

Cobalt: essential?part of the critical minerals agenda

Director General Dinah McLeod shares her thoughts on a busy Q1, including learnings from the Future Minerals Forum and Mining Indaba, and the latest cobalt market report.

Dear colleagues, ?

As 2024 unfolds, the Cobalt Institute has been actively representing our members at key industry events, including the Future Minerals Forum in the Kingdom of Saudi Arabia (KSA) and Mining Indaba in South Africa. I wanted to share some observations about what I felt were some emerging trends relevant to our sector.

The Future Minerals Forum underscored KSA’s emerging role and ambitions in the critical minerals sector and it was clear that it is aiming to position itself as a global leader in the transition to net zero. Despite being only three years old, the conference drew 13,000 attendees and featured several landmark policy announcements, including a series of Memoranda of Understanding between KSA and other countries such as the DRC. The conference also featured an inter-ministerial summit of 45 mining ministers who discussed how to cooperate on strategic materials, and the prospects for a future global mineral strategy. A huge amount of resource is being devoted to a geological survey of Saudi Arabia itself, and KSA’s commitment to mapping its own mineral resources underscores its dual ambition to be both a global and a local critical minerals player.?

Read more?→

Quarterly Cobalt Market Update - Q4?2023?

Cobalt Institute’s Quarterly Cobalt Market Update?looks at the global trends in cobalt demand, supply and production in Q4 2023.

Key takeaways:

• Lithium-ion battery demand grew 37% in 2023, primarily driven by China and the EV sector?
• Mined cobalt supply increased 23% in 2023 with most of the growth in output coming from a single operation in the DRC?
• In 2023, cobalt market recorded its biggest surplus in recent years

Read more?→

Resources

Cobalt Learning Group: Ten Fundamental Learnings to Take Away from 2023

Read about key learnings from the Cobalt Learning Group - a peer learning group to enable companies to meaningfully implement environmental and human rights due diligence.

Read more →

Towards a Circular Value Chain of Cobalt - Study?

The Cobalt Institute’s circular economy report provides a vision of a circular cobalt value chain capable of creating shared value for people and the planet.?

Read more?→

Cobalt Occupational Exposure Limits?

How the next steps of the legislative OEL process are key for the future of the EU's green transition.?

Read more?→

Member spotlight

Cobalt Institute is delighted to welcome three new members – Gécamines, the biggest mining company in the Democratic Republic of Congo, sustainable battery maker Northvolt, and Shell Catalysts & Technologies.

Read more?→

Global drive for critical minerals: securing cobalt supply for a resilient world

13-14 May?2024, New York, USA

Join us in New York to discuss the latest cobalt news with industry experts and benefit from unrivalled networking opportunities.?

Learn more and register?→