Cobalt

Provenance

The Democratic Republic of Congo (DRC) dominates cobalt production, accounting for over 70% of global supply. Other significant producers include Russia, Australia, and Canada. Efforts to develop new sources are underway in several countries.

Impact

Cobalt is crucial for advanced battery technologies, supporting the growth of electric vehicles and portable electronics. Its production contributes significantly to the economies of producing countries. The cobalt industry is driving research into more efficient battery technologies and recycling processes, promoting technological advancement.