This work reports a method of producing flexible cobalt nanowires (NWs) directly from the chemical conversion of bulk precursors at room temperature. Chemical reduction of Li₆CoCl₈ produces a nanocomposite of Co and LiCl, of which the salt is subsequently removed. The dilute concentration of Co in the precursor combined with the anisotropic crystal structure of the hcp phase leads to 1D growth in the absence of any templates or additives. The Co NWs are shown to have high saturation magnetization (130.6 emu g⁻¹). Our understanding of the NW formation mechanism points to new directions of scalable nanostructure generation.