Cobalt production in NATO in 2024 — 4,500 t. Since 1995, the indicator has fallen by 15.7%.
1995–2024 · tonnes
How the value compares with the world and the groups this territory belongs to: NATO
| Year | t | Change | Change, % |
|---|---|---|---|
| 2024 | 4,500 | +280 | +6.64% |
| 2023 | 4,220 | +1,160 | +37.91% |
| 2022 | 3,060 | −1,301 | −29.83% |
| 2021 | 4,361 | −113 | −2.53% |
| 2020 | 4,474 | +1,138 | +34.11% |
| 2019 | 3,336 | −188 | −5.33% |
| 2018 | 3,524 | −180 | −4.86% |
| 2017 | 3,704 | −512 | −12.14% |
| 2016 | 4,216 | −123 | −2.83% |
| 2015 | 4,339 | +432 | +11.06% |
| 2014 | 3,907 | −98 | −2.45% |
| 2013 | 4,005 | +307 | +8.3% |
| 2012 | 3,698 | −3,138 | −45.9% |
| 2011 | 6,836 | +2,200 | +47.45% |
| 2010 | 4,636 | +717 | +18.3% |
| 2009 | 3,919 | −5,034 | −56.23% |
| 2008 | 8,953 | +261 | +3% |
| 2007 | 8,692 | +1,577 | +22.16% |
| 2006 | 7,115 | +1,348 | +23.37% |
| 2005 | 5,767 | +707 | +13.97% |
| 2004 | 5,060 | +733 | +16.94% |
| 2003 | 4,327 | −821 | −15.95% |
| 2002 | 5,148 | −178 | −3.34% |
| 2001 | 5,326 | +28 | +0.53% |
| 2000 | 5,298 | −25 | −0.47% |
| 1999 | 5,323 | −538 | −9.18% |
| 1998 | 5,861 | +152 | +2.66% |
| 1997 | 5,709 | −5 | −0.09% |
| 1996 | 5,714 | +375 | +7.02% |
| 1995 | 5,339 | — | — |
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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