Cobalt

High Risk

Why This Metal Matters

Cobalt goes into the cathodes of lithium-ion batteries powering EVs and consumer electronics. More than 70% of global supply comes from the Democratic Republic of Congo, which creates real concentration risk for manufacturers.

Use Cases

EV BatteriesAerospace AlloysRechargeable Batteries

How to Invest

No pure-play cobalt ETF or futures contract exists — cobalt is always a byproduct of copper and nickel mining.

ETFs

BATT – Amplify Lithium & Battery Technology ETF ↗ION – ProShares Battery Metals ETF ↗SETM – Sprott Critical Materials ETF ↗PICK – iShares MSCI Global Metals & Mining ↗

Mining Stocks

GLNCY – Glencore ADR (world's largest cobalt producer) ↗BHP – BHP Group ↗

Prices shown are spot market rates sourced from MetalpriceAPI and may differ from exchange-traded futures prices. Historical data for industrial and tech-critical metals represents annual averages sourced from USGS Mineral Commodity Summaries, LME, and other public references. All prices are intended for informational purposes only.