Cobalt production in the G20 in 2024 — 19,106 t. Since 1995, the indicator has risen by 74.8%.
1995–2024 · tonnes
How the value compares with the world and the groups this territory belongs to: G20
| Year | t | Change | Change, % |
|---|---|---|---|
| 2024 | 19,106 | −1,162 | −5.73% |
| 2023 | 20,268 | −532 | −2.56% |
| 2022 | 20,800 | −253 | −1.2% |
| 2021 | 21,053 | −2,721 | −11.45% |
| 2020 | 23,774 | +3,838 | +19.25% |
| 2019 | 19,936 | +1,112 | +5.91% |
| 2018 | 18,824 | −1,380 | −6.83% |
| 2017 | 20,204 | +418 | +2.11% |
| 2016 | 19,786 | −2,283 | −10.34% |
| 2015 | 22,069 | −139 | −0.63% |
| 2014 | 22,208 | −97 | −0.43% |
| 2013 | 22,305 | +1,727 | +8.39% |
| 2012 | 20,578 | +692 | +3.48% |
| 2011 | 19,886 | +1,900 | +10.56% |
| 2010 | 17,986 | +887 | +5.19% |
| 2009 | 17,099 | −5,274 | −23.57% |
| 2008 | 22,373 | +201 | +0.91% |
| 2007 | 22,172 | +1,267 | +6.06% |
| 2006 | 20,905 | +2,008 | +10.63% |
| 2005 | 18,897 | +1,417 | +8.11% |
| 2004 | 17,480 | +753 | +4.5% |
| 2003 | 16,727 | +605 | +3.75% |
| 2002 | 16,122 | +1,174 | +7.85% |
| 2001 | 14,948 | +1,381 | +10.18% |
| 2000 | 13,566 | +2,633 | +24.08% |
| 1999 | 10,933 | −272 | −2.42% |
| 1998 | 11,205 | +312 | +2.86% |
| 1997 | 10,893 | +397 | +3.78% |
| 1996 | 10,496 | −435 | −3.98% |
| 1995 | 10,931 | — | — |
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).
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