Early Life
Information about Xie Weitong's early life is limited in the search results. However, it is known that he is a citizen of Taiwan, and as of 2024, he is 69 years old.
Rise to Success
Xie Weitong's primary source of wealth comes from his involvement in the cobalt industry. Specifically, he was the largest shareholder of Huayou Cobalt, a major Chinese supplier of cobalt and lithium battery chemicals. The company also operates cobalt and copper mining businesses in the Congo and acquired a lithium mine in Zimbabwe in 2022. Xie resigned as Vice Chairman of Huayou Cobalt in 2019, after 17 years.
Key Business Strategies
The search results do not provide details on specific business strategies employed by Xie Weitong. However, the cobalt market is driven by rising demand from electric vehicle and energy storage industries. The global cobalt mining market was valued at USD 18.36 billion in 2025 and is projected to grow to USD 33.15 billion by 2034. The main driver of this growth is the increasing use of lithium-ion batteries in EVs.
Philanthropy
There is no specific information on Xie Weitong's philanthropic activities found in the search results.