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Cobalt news
All news on
Cobalt
(also known as
cobalt metal
and
Co
): plants, production capacities, investments and involved companies.
6 August 2026
Worley wins engineering contract for USSM multi‑metallic processing hub
Engineering, procurement and construction support for a cobalt refinery and black‑mass line to convert cobalt hydroxide and battery black mass into critical metals.
31 July 2026
Umicore H1 2026 results
Adj. EBITDA +33% to €577m and margin 30.2%; revenues €1.9bn; Free Operating Cash Flow €295m; guidance upgraded to slightly above €1bn adj. EBITDA for FY2026.
13 July 2026
Rivus Batteries raises €2 million to scale critical‑mineral‑free flow battery chemistry
€2m seed plus €2m in grants to scale an organic, critical‑mineral‑free flow battery electrolyte compatible with commercial flow battery hardware.
18 June 2026
NAN GreenMet and Silox form 50:50 JV to build India's advanced Li‑ion battery recycling platform
A 50:50 joint venture will set up India's most advanced Li‑ion battery recycling and critical minerals recovery platform.
13 May 2026
EGC, EVelution Energy and Trafigura MOU to supply DRC cobalt to U.S.
Framework to deliver Congolese cobalt hydroxide to the U.S., targeting up to ~40% of projected U.S. cobalt demand, using the Lobito Atlantic Railway and a new Arizona refinery; construction 2027–2029.
30 April 2026
Umicore Q1 momentum points to ~€1bn adjusted EBITDA in 2026
Strong Q1: Catalysis and Recycling strong; Specialty led by cobalt; CAM volumes modest, take‑or‑pay compensation; anode JV in place; capex up; leverage <2x
Cobalt manufacturers top 3
BASF
Umicore
Eramet SA
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5 March 2026
Altris and Mecaware Join 2026 EIC Accelerator
Selected for EIC funding, they aim to scale battery materials and recycling, enhancing Europe's clean energy and circular economy efforts.
7 December 2025
Toray Develops Technology for 95% Lithium Recovery from Batteries
New nanofiltration membrane efficiently recovers lithium from used batteries, enhancing recycling and supporting closed-loop systems for electrified vehicles.
29 August 2025
BASF Delivers First CAM for Semi-Solid-State Batteries to WELION
BASF and WELION advance Solid-State battery tech, achieving mass production in a year with enhanced energy density and safety through new CAM technology.
3 June 2025
BASF Launches Black Mass Battery Recycling Plant in Germany
The plant processes 15,000 tons of lithium-ion batteries annually, aiding circular economy goals by recovering key metals for new cathode materials, enhancing EU battery recycling efforts.
21 January 2025
INEOS Aromatics Gains Environmental Support for Geel Permit After Talks
A new permit aligns cobalt discharge with water standards, reducing emissions by 90% by 2027. A monitoring committee will oversee progress, urging government action on water policy.
21 October 2024
Mercedes opens battery recycling plant in Germany with 96% recovery rate
The plant uses a mechanical-hydrometallurgical process to recover lithium, nickel, and cobalt, supporting sustainable electric mobility and circular economy goals.
16 April 2024
BASF Begins Operating Prototype Battery Recycling Metal Refinery in Germany
The new plant optimizes battery recycling, recovering valuable metals and supporting Europe's battery materials ecosystem, enhancing sustainability and self-sufficiency in line with EU regulations.
18 January 2024
Andrada Group to Open €33M Green Energy Recycling Plant in Sóskút
The plant will create 160 jobs, recycle energy storage systems, and support Hungary's green transition with advanced, sustainable technology. Operations to expand across Europe.
1 September 2023
Andrada Group to Build Battery Recycling Plant in Hungary
The plant will recycle 10,000 tons of EV batteries annually, create 200 jobs, and receive HUF 4.7 billion in government support. It will use advanced, environmentally safe technology.
1 June 2023
Devon County Council Backs Altilium's Battery Recycling Initiative
A Devon-based firm recycles EV batteries, recovering over 95% of critical minerals. Supported by local and national funds, it plans to scale up operations in the UK and Europe.
27 July 2021
Jervois Mining Acquires Freeport Cobalt for $160M, Expands in Finland
The acquisition adds 6,250 mtpa refining capacity in Finland, enhances downstream expertise, and strengthens financials, positioning the company for growth and sustainability. Expected to close by August 2021.
22 October 2018
BASF and Nornickel Partner for European Battery Materials
A new plant in Finland will produce battery materials for 300,000 electric vehicles annually, using renewable energy. A long-term supply agreement ensures local nickel and cobalt sourcing.
23 June 2017
Eramet Invests €34.5M to Upgrade Sandouville Plant
The Sandouville plant adapts to a new nickel matte supplier from Finland, completing a €34.5M process transformation. The facility will gradually restart, aiming for full production by 2018.
