According to GlobalData, Russia is the world’s second-largest producer of cobalt in 2022, with output up by 8% on 2021. Over the five years to 2021, production from Russia increased by a CAGR of 7% and is expected to rise by a CAGR of 4% 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.
Russia accounts for 5% of global production, with the largest producers being the Democratic Republic of the Congo, Australia, the Philippines and Canada.
For more detailed analysis of global cobalt mining, buy the report here.