According to GlobalData, Papua New Guinea is the world’s seventh-largest producer of cobalt in 2022, with output up by 2% on 2021. Over the five years to 2021, production from Papua New Guinea decreased by a CAGR of 2.43% and is expected to rise by a CAGR of 0.65% 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.
Papua New Guinea accounts for 2% 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.