According to GlobalData, the Philippines is the world’s fourth-largest producer of cobalt, with output of 5kt in 2022, up by 10% on 2021. Over the five years to 2021, production from the Philippines decreased by a CAGR of 0.55% and is expected to drop by a CAGR of 2.25% 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.
The Philippines accounts for 3% of global production, with the other largest producers being the Democratic Republic of the Congo (71%), Russia (5%), Australia (3%) and Canada (2%).
For more detailed analysis of global cobalt mining, buy the report here.