According to GlobalData, the Democratic Republic of the Congo is the world’s largest producer of cobalt, with output of 125kt in 2022, up by 4% on 2021. Over the five years to 2021, production from the Democratic Republic of the Congo increased by a CAGR of 13% 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.
The Democratic Republic of the Congo accounts for 71% of global production, with the other largest producers being Russia (5%), Australia (3%), the Philippines (3%) and Canada (2%).
For more detailed analysis of global cobalt mining, buy the report here.