The
United States Geological Survey estimates world reserves of cobalt at 11,000,000 metric tons. The
Democratic Republic of the Congo (DRC) currently produces 63% of the world's cobalt. This market share may reach 73% by 2025 if planned expansions by mining producers like
Glencore Plc take place as expected.
Bloomberg New Energy Finance has estimated that by 2030, global demand for cobalt could be 47 times more than it was in 2017.
Democratic Republic of the Congo Changes that Congo made to mining laws in 2002 attracted new investments in Congolese copper and cobalt projects. In 2016, Chinese ownership of cobalt production in the Congo was estimated at over 10% of global cobalt supply, forming a key input to the Chinese cobalt refining industry and granting China substantial influence over the global cobalt supply chain. Chinese control of Congolese cobalt has raised concern in Western nations which have sought to reduce supply chain reliance upon China and have expressed concern regarding labor and human rights violations in cobalt mines in the DRC. Glencore's
Mutanda Mine shipped 24,500 tons of cobalt in 2016, 40% of Congo DRC's output and nearly a quarter of global production. After oversupply, Glencore closed Mutanda for two years in late 2019. Glencore's
Katanga Mining project is resuming as well and should produce 300,000 tons of copper and 20,000 tons of cobalt by 2019, according to Glencore. On 9 March 2018, President
Joseph Kabila updated the 2002 mining code, increasing royalty charges and declaring cobalt and
coltan "strategic metals". The 2002 mining code was effectively updated on 4 December 2018. In February 2025, the DRC implemented a four-month suspension of cobalt exports, citing an oversupply of the metal amid a price decline to its lowest level in 21 years. Cobalt, a key byproduct of copper mining, is an essential material in battery technology. The DRC accounts for approximately 75 percent of the global supply. Within the country, the
China Molybdenum Company (CMOC) dominates the industry, contributing roughly 40 percent of the world's cobalt production. Over the past year, CMOC has significantly increased its output, doubling production from two of its mines in the DRC from 56,000 tonnes to 114,000 tonnes.
Labor conditions Artisanal mining supplied 17% to 40% of the DRC production as of 2016. Mining pollutes the vicinity and exposes local wildlife and indigenous communities to toxic metals thought to cause birth defects and breathing difficulties, according to health officials.
Child labor is used in mining cobalt from African
artisanal mines. Human rights activists have highlighted this and
investigative journalism reporting has confirmed it. This revelation prompted cell phone maker
Apple Inc., on 3 March 2017, to stop buying ore from suppliers such as
Zhejiang Huayou Cobalt who source from artisanal mines in the DRC, and begin using only suppliers that are verified to meet its workplace standards. In 2023, Apple announced it would convert to using recycled cobalt by 2025. There is a push globally by the
EU and major car manufacturers (OEM) for global production of cobalt to be sourced and –produced sustainably, responsibly and traceability of the supply chain. Mining companies are adopting and practising
ESG initiatives in line with
OECD Guidance and putting in place evidence of zero to low carbon footprint activities in the supply chain production of
lithium-ion batteries. These initiatives are already taking place with major mining companies, artisanal and small-scale mining companies (ASM). Car manufacturers and battery manufacturer supply chains: Tesla, VW, BMW, BASF and Glencore are participating in several initiatives, such as the Responsible Cobalt Initiative and Cobalt for Development study. In 2018 BMW Group in partnership with BASF, Samsung SDI and Samsung Electronics have launched a pilot project in the DRC over one pilot mine, to improve conditions and address challenges for artisanal miners and the surrounding communities. The political and ethnic dynamics of the region have in the past caused outbreaks of violence and years of armed conflict and displaced populations. This instability affected the price of cobalt and also created perverse incentives for the combatants in the
First and
Second Congo Wars to prolong the fighting, since access to diamond mines and other valuable resources helped to finance their military goals—which frequently amounted to genocide—and also enriched the fighters themselves. While DR Congo has in the 2010s not recently been invaded by neighboring military forces, some of the richest mineral deposits adjoin areas where Tutsis and Hutus still frequently clash, unrest continues although on a smaller scale and refugees still flee outbreaks of violence. Cobalt extracted from small Congolese artisanal mining endeavors in 2007 supplied a single Chinese company, Congo DongFang International Mining. A subsidiary of Zhejiang Huayou Cobalt, one of the world's largest cobalt producers, Congo DongFang supplied cobalt to some of the world's largest battery manufacturers, who produced batteries for ubiquitous products like the Apple
iPhones. Because of accused labour violations and environmental concerns,
LG Chem subsequently audited Congo DongFang in accordance with OECD guidelines. LG Chem, which also produces battery materials for car companies, imposed a code of conduct on all suppliers that it inspects. In December 2019, International Rights Advocates, a human rights NGO, filed
a landmark lawsuit against Apple,
Tesla,
Dell,
Microsoft and
Google company
Alphabet for "knowingly benefiting from and aiding and abetting the cruel and brutal use of young children" in mining cobalt. The companies in question denied their involvement in
child labour. In 2024 the court ruled that the suppliers facilitate force labor but the US tech companies are not liable because they don't operate as a shared enterprise with the suppliers and that the "alleged injuries are not fairly traceable" to any of the defendants' conduct. The book
Cobalt Red alleges that workers including children suffer injuries, amputations, and death as the result of the hazardous working conditions and mine tunnel collapses during artisanal mining of cobalt in the DRC. Since child and slave labor have been repeatedly reported in cobalt mining, primarily in the artisanal mines of DR Congo, technology companies seeking an ethical supply chain have faced shortages of this raw material and the price of cobalt metal reached a nine-year high in October 2017, more than US$30 a pound, versus US$10 in late 2015. After oversupply, the price dropped to a more normal $15 in 2019. As a reaction to the issues with artisanal cobalt mining in DR Congo a number of cobalt suppliers and their customers have formed the Fair Cobalt Alliance (FCA) which aims to end the use of child labor and to improve the working conditions of cobalt mining and processing in the DR Congo. Members of FCA include
Zhejiang Huayou Cobalt,
Sono Motors, the Responsible Cobalt Initiative,
Fairphone,
Glencore and Tesla, Inc.
Canada In 2017, some exploration companies were planning to survey old silver and cobalt mines in the area of
Cobalt, Ontario, where significant deposits are believed to lie. Cobalt mined in Canada is a by-product of
nickel mining. Even so, in 2023 the country produced more than 5,000 tons of cobalt (43% is mined in
Newfoundland and Labrador, the rest in
Ontario,
Manitoba and
Quebec). Exports of cobalt and cobalt products totaled $568 million in 2023.
Cuba Canada's
Sherritt International processes cobalt ores in nickel deposits from the
Moa mines in
Cuba, and the island has several others mines in
Mayarí,
Camagüey, and
Pinar del Río. Continued investments by Sherritt International in Cuban nickel and cobalt production while acquiring mining rights for 17–20 years made the communist country third for cobalt reserves in 2019, before Canada itself.
Indonesia Starting from smaller amounts in 2021, Indonesia began producing cobalt as a byproduct of
nickel production. By 2022, the country had become the world's second-largest cobalt producer, with
Benchmark Mineral Intelligence forecasting Indonesian output to make up 20 percent of global production by 2030. Cobalt production increased from 1,300 tons to 20,500 tons between 2015 and 2024 due to the Indonesian government's strategic initiative to develop a robust domestic
supply chain for
electric vehicles. An export ban in 2020 has ensured an influx of foreign investment in
nickel and cobalt processing in the country. ==Applications==