According to GlobalData, Australia is the world’s third-largest producer of cobalt, with output of 6kt in 2022, up by 8% on 2021. Over the five years to 2021, production from Australia increased by a CAGR of 3% and is expected to rise by a CAGR of 6% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Cobalt Mining to 2030 report. Buy the report here.
Australia accounts for 3% of global production, with the other largest producers being the Democratic Republic of the Congo (71%), Russia (5%), the Philippines (3%) and Canada (2%).
For more detailed analysis of global cobalt mining, buy the report here.