Cobalt production — all countries

Cobalt production — EAEU

Cobalt production in the EAEU in 2024 — 8,700 t. Since 1995, the indicator has risen by 148.6%.

2024 8,700 t +0% vs 2023
World rank
Period maximum 9,700 t2020
Period minimum 3,300 t1996

Trend over time

1995–2024 · tonnes

Cobalt production — EAEU, 1995–202402,5005,0007,50010,000199519982001200420072010201320162019202220241995: 3,500 t1996: 3,300 t1997: 3,300 t1998: 3,600 t1999: 3,900 t2000: 4,000 t2001: 4,600 t2002: 4,600 t2003: 6,100 t2004: 6,000 t2005: 6,300 t2006: 6,300 t2007: 6,300 t2008: 6,200 t2009: 6,100 t2010: 6,200 t2011: 6,100 t2012: 6,300 t2013: 6,300 t2014: 6,300 t2015: 6,200 t2016: 5,500 t2017: 5,900 t2018: 6,100 t2019: 6,300 t2020: 9,700 t2021: 8,000 t2022: 9,200 t2023: 8,700 t2024: 8,700 t
Change over the period: +5,200 (+148.57%) Average annual rate: 3.19 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: EAEU

EAEU 8,700 t
World 270,816 t
Cobalt production — EAEU, by year EAEU All countries CSV XLSX
Year t Change Change, %
2024 8,700 +0 +0%
2023 8,700 −500 −5.43%
2022 9,200 +1,200 +15%
2021 8,000 −1,700 −17.53%
2020 9,700 +3,400 +53.97%
2019 6,300 +200 +3.28%
2018 6,100 +200 +3.39%
2017 5,900 +400 +7.27%
2016 5,500 −700 −11.29%
2015 6,200 −100 −1.59%
2014 6,300 +0 +0%
2013 6,300 +0 +0%
2012 6,300 +200 +3.28%
2011 6,100 −100 −1.61%
2010 6,200 +100 +1.64%
2009 6,100 −100 −1.61%
2008 6,200 −100 −1.59%
2007 6,300 +0 +0%
2006 6,300 +0 +0%
2005 6,300 +300 +5%
2004 6,000 −100 −1.64%
2003 6,100 +1,500 +32.61%
2002 4,600 +0 +0%
2001 4,600 +600 +15%
2000 4,000 +100 +2.56%
1999 3,900 +300 +8.33%
1998 3,600 +300 +9.09%
1997 3,300 +0 +0%
1996 3,300 −200 −5.71%
1995 3,500

About the indicator

Cobalt production measured as contained metal, from U.S. Geological Survey data. Cobalt is needed for the cathodes of lithium-ion batteries, and its production is concentrated more tightly than that of any other important metal: more than two-thirds of the world total comes from the Democratic Republic of the Congo. It is because of that concentration that battery makers have spent recent years looking for chemistries with a smaller share of cobalt, or none at all.

Important: Cobalt is almost always mined as a by-product — together with copper or nickel — so its volume depends on the market for the main metal and not only on demand for cobalt itself.

Source: Mineral Commodity Summaries (USGS), license Public domain (work of a U.S. federal agency).