Business & Economy

Netherlands Resumes Imports of Russian Cobalt After Nearly 18-Month Pause: Eurostat

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Coal mine - Sputnik India, 1920, 19.01.2026
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The Netherlands imported cobalt from Russia worth $778,000 in November 2025 after a nearly-one-and-a-half year pause, Sputnik's analysis of European statistics agency Eurostat's data showed on Monday.
The previous recorded purchase took place in June 2024 and was worth $113,900.

Specific to cobalt, Russia is one of the global producers of various critical minerals used in battery manufacture. Although most cobalt supply is dominated by other nations (notably the Democratic Republic of Congo), as per Eurostat.

In November 2025, the Netherlands was the sole importer of Russian cobalt within the European Union. From April to June 2024, only the Netherlands imported the material, while in March 2024, Germany purchased a nominal batch worth $2,326.
Russian President Vladimir Putin, right, and Hungarian Prime Minister Viktor Orban during a meeting at Novo-Ogaryovo residence in the Moscow Region - Sputnik India, 1920, 28.11.2025
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