According to GlobalData, Cuba is the world’s sixth-largest producer of cobalt, with output of 4kt in 2022, up by 0.77% on 2021. Over the five years to 2021, production from Cuba decreased by a CAGR of 6.02% and is expected to rise by a CAGR of 0.25% 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.
Cuba accounts for 2% of global production, with the other largest producers being the Democratic Republic of the Congo (71%), Russia (5%), Australia (3%) and the Philippines (3%).
For more detailed analysis of global cobalt mining, buy the report here.