Delaware-incorporated Farmonaut posted on 7 March 2026 a promotional piece titled "Cobalt Shares: China, Africa and the Global 2026 Refining Share."
In 2026, China will control over 75 percent of global cobalt refining capacity, although it mines less than 2 percent domestically. Africa, especially the Democratic Republic of Congo, supplies more than 70 percent of the world's cobalt, but refines less than 5 percent of its own product. This promotion looks especially at the use of cobalt in the agricultural and forestry sectors.