Cobalt Institute

Our Q3 2024 Cobalt Market Report – developed in collaboration with Benchmark Mineral Intelligence – highlights critical developments in the cobalt market. Key insights include: 👉 EV market growth: Global: EV sales hit seven million units in the first half of 2024, marking a 21% YoY increase despite a slowdown in growth. China: Strong Q2 performance saw EV penetration rates exceed 40%, with a 31% rise in unit sales YoY. Europe & North America: Mixed performance - 2% growth in Europe, while North America saw a 10% increase in H1. 👉 Policy trends: Growing protectionism against China-made EVs is reshaping the market, with new tariffs driving manufacturers to shift production. 👉 Global market balance: Increased output from major mines like Kisanfu, combined with weaker than expected EV demand, is leading to a larger oversupply of cobalt in 2024. Read the full report to find out more: https://lnkd.in/eCrr_99u #CobaltInstitute #Cobalt #CobaltMarket #CobaltFacts #EVs

How can critical raw materials, including cobalt, support the EU's climate goals, competitiveness and industrial strategy? Join our discussion on the long-term role of cobalt in achieving the EU's #energytransition on 19 November in Brussels! Delighted to have Peter Handley, Ellie Gomes-Callus BloombergNEF, Veronique Steukers Nickel Institute, Dinah McLeod as speakers, as well as Jennifer Baker as moderator and Euractiv as media partner. Register here: https://lnkd.in/eGv9GrUD #Cobalt2050 #CobaltFacts

Congratulations Susannah McLaren, Cobalt Institute's Head of Responsible Sourcing and Sustainability, on having been reelected to the Global Battery Alliance Board of Directors!

Delighted to be representing event sponsor Cobalt Institute at the Global Battery Alliance Annual General Meeting in Shanghai next week. I'm also looking forward to speaking on the Circular & Critical Minerals Advisory Group panel discussing how to harness synergies and lessons across circular critical minerals and battery value chains #cobalt #batterypassport #circularity #batteries #energystorage #criticalminerals #transparency

To coincide with COP29 we're launching our Cobalt Decarbonisation Pathways report where we apply a just lens transition. Join us for our launch webinar #justtransition #cobalt #cop29 #Decarbonisation #climatechange

COBALT INSTITUTE NEWSLETTER ISSUE 6 IS OUT NOW! 🚀 In our latest issue, Director General Dinah McLeod shares insights from the groundbreaking “Cobalt 2050” study and discusses key conversations at the UN General Assembly.  Read the newsletter for Dinah’s full editorial to find out why the time to unlock cobalt’s potential is now! Other highlights include: · Our “Cobalt 2050: Unlocking Potential for a Net-Zero Future” study, developed by BloombergNEF, is available on the Cobalt Institute website, along with a recording of the launch webinar. · Read our blogs on the Draghi Report, the European Critical Raw Materials Act and the UN-Convened Guiding Principles to Guide Global Energy Transition. · Join us for our webinars on 14 November and 20 November to delve deeper into cobalt's role in the energy transition and how we can work together to achieve net-zero targets. 🔗 Read the newsletter: https://lnkd.in/epTabBgV 🔗 Follow Cobalt Institute on LinkedIn 🔗 Connect with Dinah McLeod on LinkedIn #CobaltInstitute #Cobalt2050 #CobaltFacts #EnergyTransition #Sustainability #NetZero2050 #Innovation

Our groundbreaking Cobalt 2050 study, produced in collaboration with BloombergNEF, reveals crucial insights into cobalt’s indispensable role in achieving a net-zero future. Check out ten key highlights from the study – the first of its kind for any energy transition metal - below👇 Dive deeper into how cobalt is set to power the future and support the global energy transition by reading the full report: https://lnkd.in/eefdX5Wr #Cobalt2050 #Cobalt #CobaltInstitute #CobaltFacts #NetZero #EnergyTransition #BloombergNEF

Ten days to go! Join our webinar "Cobalt for the #EnergyTransition: Cobalt Institute’s Decarbonisation Pathways". Cobalt is vital for the green transition. Its key role in the lithium-ion batteries that power electric vehicles will prove essential as the world pursues the goal of a decarbonised future. But the cobalt industry has its own carbon footprint, and as the lithium-ion battery market explodes over the coming decades, more cobalt will be needed, and associated emissions will rise. Companies in the cobalt value chain cannot rely on the metal’s essentiality to absolve themselves of the duty to decarbonise and must take the decarbonisation of their own operations and supply chains seriously. But what does this process look like, and where do companies start? What sort of actions can the cobalt industry take to cut emissions, and what sort of investment is needed to do so? What can policy makers do to work with companies to ensure a decarbonised cobalt industry? What does this process mean for the workers and communities affected by a changing cobalt industry? Our expert panel Susannah McLaren Tom Fairlie Fritjof Lloyd Schubert PowerCo Daniella Savic Eurasian Resources Group Gert Van Hoof Umicore Anna Triponel Human Level is ready to give you the answers! ⏰ 1-2.30pm GMT on 14 November 2024 📍 https://lnkd.in/e-HKgG5s

Decarbonisation, investment, partnerships, technology innovation and skilled workforce - key themes of the International Mining and Resources Conference (IMARC) in Sydney this year. All this is urgently needed to ensure the world achieves the energy transition in a sustainable and just way. Cobalt Institute's Dinah McLeod and members Alicia Brown Jervois Global Andrew Tong Cobalt Blue Holdings Ltd as well as Kwasi Ampofo BloombergNEF emphasized the critical role of #Cobalt2050 in achieving the net-zero. Government support and involvement, capital investment, recycling, midstream capacities, and production optimisation will be essential. Big thanks to Sherene Asnasyous Nick Rastall ⚡Andrew Davies for seamless organisation and excellent networking opportunities! Always great to see you Cadastre Minier - CAMI RDC Mélissa Amisi Sharufa! Marina Demidova Sarah Schneider

Looking forward to joining the Global Battery Alliance General Assembly meeting in Shanghai. Cobalt Institute will be represented by Susannah McLaren and Tom Fairlie - reach out to them to connect.