Cobalt (refined)

Co · category: battery · USD / tonne

All materials
Critical supply riskCN 78%

Cobalt (refined)

78% of refined cobalt processed in China despite DRC mining dominance. Indonesian HPAL ramp easing concentration.

33,200
USD / tonne
2.1% · 30d

Profile

Category
battery
Primary uses
NMC batteries, Superalloys, Magnets
Top producers
DRC, Indonesia, Australia, Canada
China dependency
78%
Supply risk
Critical

Compliance signals

  • IRA §30D · qualified suppliers identified
  • EU CRMA strategic project · 3 active
  • MOFCOM export license required

Qualified suppliers

6 in atlas
  • BE · Refinery
    Umicore — Hoboken Refinery
    14k t/y · ESG 91 · Operating
    RMI-RMAPISO-14001
  • TZ · Integrated
    Kabanga Nickel — Kabanga Project
    65k t/y · ESG 74 · Permitting
    IRMA
  • US · Mine
    Talon Metals — Tamarack
    18k t/y · ESG 79 · Permitting
    IRMA
  • US · Recycler
    Li-Cycle — Rochester Hub
    35k t/y · ESG 82 · Ramping
    RMI-RMAPB-Corp
  • SE · Recycler
    Northvolt Revolt — Skellefteå
    125k t/y · ESG 89 · Ramping
    IRMARMI-RMAP
  • GB · Recycler
    Altilium Metals — Teesside
    30k t/y · ESG 87 · Permitting
    IRMAB-Corp

Recent intelligence

1 items
  • 2026-05-17Journal Officiel RDC
    DRC mining code amendments raise state-equity threshold to 30%

    Parliament passed amendments to 2002 Mining Code requiring state participation of 30% in new strategic mineral projects (cobalt, copper, lithium). Existing concessions exempt; renewals subject. Glencore, CMOC, ERG concession renewals 2026-2028.