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# cobalt

Cobalt 101 Part II - Pricing Model

Mar 21, 2025
By Gaia Research Team
Reading time: 7 mins.

Cobalt's pricing structure is one of the most volatile in the commodities market, driven by concentrated supply, opaque trading mechanisms, and shifting structural demand. Unlike more liquid markets such as crude oil or copper, cobalt lacks standardized futures contracts, making hedging ineffective and exposing manufacturers and investors to extreme price swings. This volatility is not random but is driven by deep structural inefficiencies, geopolitical fragility, and supply-side bottlenecks. To navigate this complexity, a robust modelling approach is essential, one that goes beyond simple trend projections and integrates stochastic, risk-weighted simulations that account for external shocks.

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# cobalt # electric-vehicles

Cobalt 101 - The Cobalt Play: High Returns, High Stakes

Mar 7, 2025
By Gaia Research Team
Reading time: 10 mins.

The Strategic Importance of Cobalt is far more than a standard industrial metal - it underpins the shift to a low-carbon economy. As electrification accelerates, cobalt’s significance continues to rise. It remains a key ingredient in lithium-ion batteries, supporting electric vehicles (EVs), energy storage, and consumer technology. With global EV adoption and grid-scale storage expanding, cobalt demand follows an upward trajectory.

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