CO
Cobalt
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.
Prices shown are spot market rates sourced from MetalpriceAPI and may differ from exchange-traded futures prices (such as those listed on CME/COMEX and displayed on Yahoo Finance). Spot and futures prices reflect different delivery terms and data sources. All prices are delayed up to 10 minutes and are intended for informational purposes only.