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 does not mine cobalt in conflict areas, nor does cobalt mined from any conflict area enter our supply chain at any point.
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.