Cobalt production in the OECD in 2024 — 8,100 t. Since 1995, the indicator has risen by 31.4%.
1995–2024 · tonnes
How the value compares with the world and the groups this territory belongs to: OECD
| Year | t | Change | Change, % |
|---|---|---|---|
| 2024 | 8,100 | −1,340 | −14.19% |
| 2023 | 9,440 | +590 | +6.67% |
| 2022 | 8,850 | −806 | −8.35% |
| 2021 | 9,656 | −418 | −4.15% |
| 2020 | 10,074 | +1,038 | +11.49% |
| 2019 | 9,036 | +612 | +7.26% |
| 2018 | 8,424 | −1,080 | −11.36% |
| 2017 | 9,504 | −182 | −1.88% |
| 2016 | 9,686 | −683 | −6.59% |
| 2015 | 10,369 | +261 | +2.58% |
| 2014 | 10,108 | −297 | −2.85% |
| 2013 | 10,405 | +827 | +8.63% |
| 2012 | 9,578 | −1,108 | −10.37% |
| 2011 | 10,686 | +2,200 | +25.93% |
| 2010 | 8,486 | −63 | −0.74% |
| 2009 | 8,549 | −5,194 | −37.79% |
| 2008 | 13,743 | +311 | +2.32% |
| 2007 | 13,432 | +1,267 | +10.42% |
| 2006 | 12,165 | +2,288 | +23.16% |
| 2005 | 9,877 | +267 | +2.78% |
| 2004 | 9,610 | +163 | +1.73% |
| 2003 | 9,447 | −555 | −5.55% |
| 2002 | 10,002 | +364 | +3.78% |
| 2001 | 9,638 | +741 | +8.33% |
| 2000 | 8,896 | +2,563 | +40.47% |
| 1999 | 6,333 | −797 | −11.17% |
| 1998 | 7,130 | +202 | +2.92% |
| 1997 | 6,928 | +272 | +4.09% |
| 1996 | 6,656 | +493 | +8% |
| 1995 | 6,163 | — | — |
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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