Cobalt

Cobalt

Current Price $56,290.00 USD/tonne as of Jan 11, 2026

Where It's Produced

Production by Province

0% 25% 50% 75% 100%
Ontario 70.0%
Quebec 25.0%
British Columbia 5.0%

Export Destinations

United States 55.0%
European Union 25.0%
Japan 12.0%
Other 8.0%

Key Facts

  • Critical mineral for EV batteries - Canada aims to become a major supplier (NRCan)
  • Mainly produced in Ontario as a byproduct of nickel mining (NRCan)

Data Sources

Production and trade data from Natural Resources Canada (NRCan), Statistics Canada, and industry sources.

Last updated: January 11, 2026 3:01 PM