The COBALT project will contribute to addressing several key challenges on the route towards more sustainable use of raw materials and resource efficiency. It will focus particularly on extraction, substitution, replacement and recycling of critical and scarce raw materials as well as raw materials with high environmental and social impacts. Through exchange and dialogue, COBALT will contribute to dealing with relevant raw-material related challenges and raising societal awareness on raw materials. Furthermore, it will identify research needs, build research partnerships and networks, and disseminate research results. Thus it will contribute to the implementation of the objectives of the EIP on Raw Materials.