Used as a precursor in the production of cobalt-based catalysts for the petroleum and chemical industries. It serves as a key raw material in manufacturing pigments for ceramics and glass, providing a distinctive blue color. Also utilized in the synthesis of lithium-ion battery materials, where cobalt compounds enhance battery performance and stability. Employed in animal feed as a source of cobalt for ruminant nutrition, supporting vitamin B12 synthesis. Additionally, it finds use in electroplating processes and the production of specialty alloys requiring controlled cobalt content.