Cobalt is produced in a concentrated set of countries, each with distinct risk profiles for responsible sourcing. The Democratic Republic of Congo dominates global supply but presents the highest human rights risk. This section provides compliance profiles for all major cobalt sourcing countries.

DR Congo (DRC)

~70% of global supply. OECD CAHRA. Significant ASM sector. Child labour risk. Katanga Province.

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Zambia

Copperbelt Province. Industrial mining. Lower risk than DRC. Mopani, KCM, Chambishi.

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Australia

Laterite deposits. Murrin Murrin, Ravensthorpe. Low geopolitical risk. HPAL processing.

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Philippines

Laterite nickel-cobalt. Environmental compliance issues. Coral Bay, Taganito HPAL.

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Russia

Nornickel / Norilsk. Sanctions risk post-2022. LME passported but reputational concerns.

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Cuba

Moa Bay. Sherritt International JV. US sanctions apply. MHP exports to Canada.

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Madagascar

Ambatovy HPAL. Sherritt / Sumitomo. Biodiversity-sensitive area. Low conflict risk.

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