In this article, we will explore the top 10 cobalt producers by country as of the updated data in 2024.
1. Democratic Republic of Congo
The Democratic Republic of Congo remains the largest producer of cobalt globally, accounting for a significant share of the cobalt supply. This central African nation is rich in cobalt reserves, with large-scale mining operations contributing to its status as a key player in the cobalt market.
2. Australia
Australia also holds a prominent position in cobalt production, with major mining projects located in regions such as Western Australia and Queensland. The country’s stable mining environment and advanced technology have facilitated its growth as a leading cobalt producer.
3. Russia
Russia’s cobalt production is primarily driven by its nickel mining operations, as cobalt is often produced as a by-product of nickel extraction. The country’s vast mineral resources and mining expertise have enabled it to secure a spot among the top cobalt producers.
4. Canada
Canada is a significant cobalt producer, with mines in regions like Ontario and Quebec contributing to its output. The country’s stringent environmental regulations and commitment to sustainable mining practices have bolstered its reputation as a responsible cobalt producer.
5. Papua New Guinea
Papua New Guinea is emerging as a notable cobalt producer, with ongoing exploration activities uncovering promising cobalt deposits. The country’s potential to expand its cobalt output presents opportunities for growth in the global cobalt market.
6. Philippines
The Philippines has also made strides in cobalt production, with projects in areas like Mindanao contributing to the country’s cobalt supply. The Philippines’ evolving mining sector and strategic partnerships have positioned it as a key player in the cobalt industry.
7. Cuba
Cuba’s cobalt production is gaining traction, with mining operations in the country showing promise for increased output. The country’s efforts to develop its mining sector and utilize its cobalt resources efficiently are driving its progress as a cobalt producer.
8. China
China plays a significant role in global cobalt production, with a focus on refining cobalt imported from other countries. The country’s robust industrial infrastructure and demand for cobalt in various sectors contribute to its position as a top cobalt producer.
9. Zambia
Zambia is a notable cobalt producer in Africa, with mining activities concentrated in regions like the Copperbelt Province. The country’s commitment to sustainable mining practices and investment in infrastructure have propelled its cobalt production capabilities.
10. Brazil
Brazil’s cobalt production has been steadily increasing, with projects in areas like Minas Gerais driving growth in the country’s cobalt sector. Brazil’s abundant mineral resources and mining expertise position it as a key player in the global cobalt market.
In conclusion, these top 10 cobalt-producing countries play a crucial role in meeting the demand for cobalt worldwide. Their contributions to the cobalt supply chain underscore the importance of sustainable mining practices and strategic resource management in the cobalt industry.