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Cobalt Research Suite

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Analyse the fast-evolving cobalt market - continued changes in demand, supply dynamics and the ESG landscape. Use Wood Mackenzie's research to find clarity in the complex cobalt value chain and best position your company.


As a technology enabler, cobalt is uniquely positioned as a critical raw material for a variety of essential industrial applications. The shift to net-zero has the potential to create new avenues of demand growth for a broader spectrum of cobalt products. The by-product nature of cobalt and its high concentration of production in the DRC and China are raising concerns about price volatility and supply security for this blue metal. Our cobalt data and anaysis helps you foresee key market trends and plan for fundamental changes in the industry.

What is the Cobalt Research Suite?

Understand the cobalt market with access to our analysts, data and reports. Data and analysis are delivered in monthly and quarterly reports, and in dynamic data tools that provide forecasts for capacity, production, demand, costs, market balances and prices.

Along with access to our expert cobalt analysts, you will receive:

Cobalt Market Service

  • Comprehensive analysis including forecast cobalt demand, production costs, long-term supply, price, and the overall outlook for the cobalt market and supply chain; outlooks to 2035 and 2050.
  • Written analysis accompanied by Excel datasheets.
  • Overview of the cobalt industry with written analysis covering demand, supply and prices; a summary of recent events; a view of where we think the market is heading; and Excel datasheets.
  • Short-term outlooks to support quick, accurate decision-making.
  • Topical cobalt market reports.

Cobalt Cost Service

  • Industry cost curves and analysis on multiple metrics and structures
  • Tools to input custom commodity prices, feedstock pricing assumptions and inflation by cost segment
  • Outlooks for capacity, production and operating cost
  • Individual profiles for each of the 60+ assets costed
  • 2050

    Forecast horizon

  • 60

    assets costed

  • 10+

    first-use and end-use segments covered

  • 40+

    companies covered

Designed to help you:
  • Better understand risks and opportunities in the cobalt value chain.
  • Screen, identify, and evaluate growth and acquisition opportunities.
  • Analyse demand, supply, and price fundamentals on a global, country and asset level.
  • Obtain comprehensive analysis on emerging trends around the world.
  • Benchmark against peers.