Cobalt is a hard, lustrous, grey metal used in the production of high-temperature and wear-resistant super alloys, magnetic alloys, rechargeable batteries and chemicals. The world’s reliance on mobile technology has been a driving force for increased consumption in recent years. Sherritt's share of cobalt production in 2016 was 3,156 tonnes.
Cobalt production is most often the by-product of production for another metal. For Sherritt, cobalt is a by-product of our nickel mining. Sherritt is a top 10 producer of finished cobalt. Sherritt’s finished cobalt has a 99.9% purity, which exceeds the current LME specification.