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US DoD Aims to Allocate Up to $500 Million for Alloy-Grade Cobalt Procurement
2025-08-22 /
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Author：小编
The United States Department of Defense (DoD) and the Defense Logistics Agency have unveiled a procurement plan to acquire approximately 7,480 tons of alloy-grade cobalt over the next five years, with a budget ceiling of $500 million. This initiative aims to build a strategic reserve of cobalt, a vital raw material essential for the manufacturing of batteries, high-temperature alloys used in aero-engines, gas turbines, and other critical components. Notably, the US heavily relies on imports to meet its cobalt demands.
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