Through our strategic cooperation and stable market access we aim to secure long-term supply of cobalt for our global clients.

Cobalt is one of the three naturally occurring magnetic metals in addition to iron and nickel. Cobalt has the highest curie point of all metals at 1,121°C and is used in electric batteries.

Our trading and supply of cobalt is concentrated on sourcing primarily from Zambia, South Africa, and Zimbabwe. The main source of cobalt — accounting for approximately 85% of annual production globally — is as a by-product of nickel mining (about 48%) and copper mining (about 37%). Some 15% of cobalt is produced primarily from various metallic-lustered ores, for example cobaltite, erythrite and skutterudite. Cobalt is predominantly used in the preparation of magnetic, corrosion- and wear-resistant high-performance alloys.