Archive · 20 Nov 2025
Cobalt Prices Surge, Gold & Silver in 2025
Cobalt prices have gone up very high in 2025, even higher than gold and silver.
This happened because a country called Congo stopped letting people buy cobalt from them, and there's more demand for things that use cobalt, like batteries for electric cars.
People think cobalt prices will stay high in 2026 too.
This might make people look for other things to use instead of cobalt in batteries.
Cobalt prices surpassed gold and silver in 2025
Congo's export ban and new quota regime drove the surge
Rising demand for EV batteries and tightening supply expected to keep cobalt strong in 2026
Market outlook and price trends indicate continued high prices
Global impact includes increased interest in alternative battery technologies
- Who
- Cobalt market participants, electric vehicle manufacturers
- What
- Cobalt price surge
- When
- 2025, expected to continue in 2026
- Where
- Global, particularly in Congo and electric vehicle markets
- Why
- Congo's export ban, new quota regime, rising EV battery demand, and supply tightening
Supply Chain Experts
Alternative Battery Advocates
Cobalt Supply Chain
Supply Chain Experts
Cobalt prices will remain high due to supply chain disruptions and increasing demand
Alternative Battery Advocates
High cobalt prices encourage exploration and development of alternative battery technologies
- 2025 Price Surge
- Cobalt prices surpassed gold and silver
- Congo's Action
- Export ban and new quota regime
- Demand Driver
- Rising demand for EV batteries
- Supply Factor
- Tightening supply
- Expected Duration
- Through 2026