Top 10 Cobalt-Producing Countries in the World (2024)
| Aspect | Details |
|---|---|
| Global Cobalt Production (2023) | 197,791 tonnes |
| Largest Consumer | Electric Vehicle (EV) industry (40% of total demand) |
| **Top Producer | Democratic Republic of Congo (130,000 metric tons, ~70% of global output) |
| Concerns in DRC | Human rights abuses, child labor, unregulated artisanal mining |
| Top-10 Cobalt Producing Countries | |
| 1. | Democratic Republic of Congo (130,000 metric tons) |
| 2. | Indonesia (10,000 metric tons) |
| 3. | Russia (8,900 metric tons) |
| 4. | Australia (5,900 metric tons) |
| 5. | Canada (3,900 metric tons) |
| 6. | Philippines (3,800 metric tons) |
| 7. | Cuba (3,800 metric tons) |
| 8. | Papua New Guinea (3,000 metric tons) |
| 9. | Madagascar (3,000 metric tons) |
| 10. | Morocco (2,300 metric tons) |
| Key Details on Top 3 Producers | |
| DRC | Dominates global production; faces challenges in mining practices |
| Indonesia | Emerging as a major producer; significant investment from Chinese companies |
| Russia | Produces cobalt mainly through Norilsk Nickel; important in the European market |