The mineral known as “blue gold” has become a vital resource, drawing the interest of numerous industrial sectors, particularly in the production of lithium-ion batteries for electric vehicles, and its role in the electronics industry.
Chile stands as the world’s second-largest producer of this essential mineral, producing approximately 15,000 tons annually. The significance of this mineral has grown exponentially worldwide, largely driven by the rise of electric mobility.
Moreover, this mineral plays an exceptionally pivotal role in the production of daily-use electronic devices such as smartphones, tablets, and laptops. Cobalt’s function in electronics is geared towards enhancing the performance of lithium in batteries, consequently extending the autonomy of electronic devices.
This raw material, often referred to as “blue gold,” is indispensable in the manufacturing of lithium-ion batteries for electric vehicles. It not only prolongs their lifespan but also enables size reduction while preventing temperature spikes.
Cobalt, alongside coltan, ranks among the most sought-after minerals for the production of a multitude of electronic devices, both now and in the future.
Cobalt boasts an intriguing characteristic compared to other metals: it is highly resistant to corrosion even at elevated temperatures. Additionally, its hardness makes it widely utilized in industrial machinery production.
Even animals and humans require small amounts of cobalt for their daily activities. For instance, as a component of vitamin B12, cobalt aids in the production of red blood cells within the body.
“Blue gold,” or cobalt, has become a pivotal resource in the modern world, crucial for the development of electric vehicles and the functionality of everyday electronics. Its unique properties and versatile applications make it a highly sought-after mineral in various industries, driving global attention and competition among technology companies.
