Cobalt

Cobalt is perhaps the most problematic metal required for EV battery production, because of its relative scarcity and its association with human rights abuses in the artisanal mines of the Democratic Republic of Congo (DRC). In fact, the only cobalt mine is in DRC. All other sources of the metal are derived from chemical processes associated with copper and nickel.

Global Reserve

Volume

Location(s)

Annual Extraction Capacity

Global Demand

Current

Total Demand:

EV Battery Demand:

Projected Growth

Total Demand:

EV Battery Demand:

Uncertainties