Global Cobalt Mining to 2035
Description
Global Cobalt Mining to 2035
Summary
GlobalData's Global Cobalt Mining to 2035 provides a comprehensive coverage on the global cobalt industry. It provides historical and forecast data on cobalt production by country, production by company, reserves by country and world cobalt prices. The report also includes a demand drivers section providing information on factors that are affecting the global cobalt industry. It further profiles major cobalt producers, information on the major active, planned and exploration projects by region.
Cobalt production has seen significant growth in recent years, driven by increasing demand and substantial investments from both government and private sectors. Global cobalt production is anticipated to grow rapidly in 2025 to reach 330kt -a notable 8.0% growth, driven by the strong output from Indonesia and the DRC. The DRC remains the dominant player in the global cobalt market and is estimated to account for around 72% of the global output in 2025, followed by Indonesia with 14.9%.
Looking ahead, global cobalt output is anticipated to grow further by 6.9% to reach 352.8kt in 2026, supported by the rising supply from the two largest players, the DRC and Indonesia. Over the forecast period, global cobalt production is expected to grow at a CAGR of 2.6% to reach 425.2kt in 2035.
Scope
Summary
GlobalData's Global Cobalt Mining to 2035 provides a comprehensive coverage on the global cobalt industry. It provides historical and forecast data on cobalt production by country, production by company, reserves by country and world cobalt prices. The report also includes a demand drivers section providing information on factors that are affecting the global cobalt industry. It further profiles major cobalt producers, information on the major active, planned and exploration projects by region.
Cobalt production has seen significant growth in recent years, driven by increasing demand and substantial investments from both government and private sectors. Global cobalt production is anticipated to grow rapidly in 2025 to reach 330kt -a notable 8.0% growth, driven by the strong output from Indonesia and the DRC. The DRC remains the dominant player in the global cobalt market and is estimated to account for around 72% of the global output in 2025, followed by Indonesia with 14.9%.
Looking ahead, global cobalt output is anticipated to grow further by 6.9% to reach 352.8kt in 2026, supported by the rising supply from the two largest players, the DRC and Indonesia. Over the forecast period, global cobalt production is expected to grow at a CAGR of 2.6% to reach 425.2kt in 2035.
Scope
- The report contains an overview of the global cobalt mining industry including key demand driving factors affecting the global cobalt mining industry. It provides detailed information on reserves, reserves by country, production, production by country, production by company, major operating mines, competitive landscape, major exploration and development projects.
- To gain an understanding of the global cobalt mining industry, relevant driving factors
- To understand historical and forecast trend on global cobalt production
- To identify key players in the global cobalt mining industry
- To identify major active, exploration and development projects by region
Table of Contents
53 Pages
- Overview
- Cobalt reserves
- Cobalt production
- Cobalt prices
- Major active mines
- Major development projects
- Major exploration projects
- Competitive landscape
- Demand and trade
- Appendix
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