Different end uses of cobalt require different forms of the mineral. For example, lithium-ion batteries, catalysts, soaps and dryers, and pigments consume entirely or mostly cobalt chemicals. Magnets, tool materials, and nickel-base alloys on the other hand require only metallic forms of cobalt such as powders and cathodes.
Share of raw material forms of cobalt consumed worldwide in 2020, by application
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Share of raw material forms of cobalt consumed worldwide in 2020, by application
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Statista. (May 31, 2021). Share of raw material forms of cobalt consumed worldwide in 2020, by application [Graph]. In Statista. Retrieved April 14, 2025, from https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/
Statista. "Share of raw material forms of cobalt consumed worldwide in 2020, by application." Chart. May 31, 2021. Statista. Accessed April 14, 2025. https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/
Statista. (2021). Share of raw material forms of cobalt consumed worldwide in 2020, by application. Statista. Statista Inc.. Accessed: April 14, 2025. https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/
Statista. "Share of Raw Material Forms of Cobalt Consumed Worldwide in 2020, by Application." Statista, Statista Inc., 31 May 2021, https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/
Statista, Share of raw material forms of cobalt consumed worldwide in 2020, by application Statista, https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/ (last visited April 14, 2025)
Share of raw material forms of cobalt consumed worldwide in 2020, by application [Graph], Statista, May 31, 2021. [Online]. Available: https://www.statista.com/statistics/1304252/global-cobalt-raw-materials-consumption-share-by-end-use/
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