Cobalt underpins the connected world enabling electronics, electric vehicles and the AI-driven infrastructure of tomorrow.
Electrification
Approximately 80% of future demand growth for critical minerals is linked to electrification.
Strong Growth in Battery Applications:
Global electric vehicle adoption
Consumer electronics
Humanoid robotics and drones
The acceleration of electrification is driving sustained demand for battery-grade materials, increasing the importance of diversified and secure supply chains
Defence & Industry
Approximately 20% of demand is linked to defence and advanced industrial applications.
Critical minerals essential for Defence:
Temperature-resistant superalloys used in jet engines
Military-grade alloy applications
Magnets for stealth technology & communications systems
As defence spending increases across NATO-aligned countries, supply chain resilience for critical minerals is becoming strategically significant.
