According to GlobalData, Madagascar is the world’s eighth-largest producer of cobalt in 2022, with output down by 2.8% on 2021. Over the five years to 2021, production from Madagascar decreased by a CAGR of 8.07% and is expected to rise by a CAGR of 0.41% 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.
Madagascar accounts for 1% of global production, with the largest producers being the Democratic Republic of the Congo, Russia, Australia and the Philippines.
For more detailed analysis of global cobalt mining, buy the report here.