What Is Cobalt and Why It Matters in 2026
- simone blance
- Feb 10
- 1 min read
Cobalt is a critical metal used in lithium-ion batteries for electric vehicles, laptops, and smartphones. Demand for cobalt is expected to keep rising as the world electrifies transportation and energy storage. In 2026 analysts expect a global cobalt market deficit as supply tightens - largely due to export delays and regulatory changes in the DRC.
The DRC still produces roughly 70% of the world’s cobalt, making it indispensable for the tech and green-energy industries, despite serious ethical issues.
Comments