Cobalt Sentiment Dashboard

Description: Cobalt is a hard, lustrous, silver-gray metal that is a key component in rechargeable lithium-ion batteries, which power electric vehicles (EVs), smartphones, laptops, and other portable electronics. It is also used in superalloys for jet engines, cutting tools, and magnetic materials. The Democratic Republic of Congo (DRC) dominates global cobalt production, accounting for over 70% of supply, which raises ethical and geopolitical concerns due to artisanal mining and political instability. Cobalt prices are influenced by EV adoption rates, battery technology advancements (e.g., efforts to reduce cobalt content), and supply chain disruptions. It is traded on the London Metal Exchange (LME) and other commodity markets.

Established / Launched: 1735

Founder / Issuer: Georg Brandt

Headquarters: London, United Kingdom

Sector / Category: Commodities