Cobalt

Cobalt is a hard, lustrous, silver-grey metal that is found primarily in the Earth’s crust. It is a key component in the manufacture of rechargeable batteries, making it an important resource for the rapidly growing electric vehicle (EV) industry.

Baridi Group Ltd. holds 5 exploration licenses in Tanzania for the exploration and development of cobalt deposits. In addition, the company has a mining license for the extraction of cobalt, which has substantial deposits.