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September 6, 2021updated 07 Sep 2021 12:27pm

World’s ten largest cobalt mines in 2020

By Carmen

Here are the ten largest cobalt mines by production across the world in 2020, according to GlobalData’s mining database.

1. Metalkol RTR Project

The Metalkol RTR Project is a surface mine situated in Katanga, Democratic Republic of the Congo. Owned by Eurasian Resources Group, the brownfield mine produced an estimated 42.57 thousand tonnes of cobalt in 2020.

2. Mashamba East Mine

Located in Katanga, Democratic Republic of the Congo, the Mashamba East Mine is owned by Glencore Plc. The surface mine produced an estimated 18.275 thousand tonnes of cobalt in 2020.

3. Sicomines Copper-Cobalt Mine

The Sicomines Copper-Cobalt Mine is a surface mine located in Katanga, Democratic Republic of the Congo. Owned by China Railway Group, the greenfield mine produced an estimated 16.896 thousand tonnes of cobalt in 2020.

4. KOV Mine

Owned by Glencore Plc, the KOV Mine is a surface mine situated in Katanga, Democratic Republic of the Congo. The brownfield mine produced an estimated 16.479 thousand tonnes of cobalt in 2020. The expected mine closure date is 2028.

5. Tenke Fungurume Mine

The Tenke Fungurume Mine is a surface mine situated in Katanga, Democratic Republic of the Congo. Owned by China Molybdenum, the greenfield mine produced an estimated 15.436 thousand tonnes of cobalt in 2020. The mine is expected to operate until 2052.

6. Kolwezi Mine

The Kolwezi Mine is a surface mine situated in Katanga, Democratic Republic of the Congo. Owned by Eurasian Resources Group, the brownfield mine produced an estimated 8.521 thousand tonnes of cobalt in 2020. The mine will operate until 2041.

7. Kamoya Mine

Located in Katanga, Democratic Republic of the Congo, the Kamoya Mine is owned by Wanbao Mining. The surface mine produced an estimated 7.187 thousand tonnes of cobalt in 2020.

8. Etoile Mine

The Etoile Mine is a surface mine located in Katanga, Democratic Republic of the Congo. Owned by Shalina Resources, the brownfield mine produced an estimated 6.665 thousand tonnes of cobalt in 2020.

9. Qinghai Deerni Copper Mine

Owned by Zijin Mining Group, the Qinghai Deerni Copper Mine is a surface mine situated in Qinghai, China. The greenfield mine produced an estimated 5.662 thousand tonnes of cobalt in 2020.

10. Ruashi Mine

The Ruashi Mine is a surface mine situated in Katanga, Democratic Republic of the Congo. Owned by Jinchuan Group, the brownfield mine produced an estimated 4.158 thousand tonnes of cobalt in 2020. The mine is expected to operate until 2029.

Methodology:
This information is drawn from GlobalData’s mines and projects database, which tracks all operating and developing mines and projects globally. Verdict’s parent company GlobalData provides business information to 4,000 of the world’s largest companies.

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