Indonesia Cobalt Mining to 2035
Description
Indonesia Cobalt Mining to 2035
Summary
GlobalData's Indonesia Cobalt Mining to 2035 provides a comprehensive coverage on the Indonesian cobalt industry. It provides historical and forecast data on cobalt 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 in Indoensia, information on the major active, planned and exploration projects by state.
Indonesia, once a minor player in the global cobalt market, has emerged as a significant force, largely driven by investment in high-pressure acid leach (HPAL) facilities. In 2025, the country is expected to have produced 49.3kt of cobalt, a 42.6% increase over the previous year, primarily driven by the increase in supply at Ningbo Lygend Mining’s PT Halmahera Persada Lygend Project, due to ongoing expansion and commissioning of additional HPAL production lines, which are reaching towards full operational capacity. The PT Halmahera Persada Lygend Project was suspended operations in 2024 to cut operational costs due to the prevailing market conditions such as oversupply and lower prices.
Looking ahead, the country’s cobalt output is expected to grow further in 2026, by an annual growth rate of 21.2% to reach 59.8kt. This will be supported by the start of the Pomalaa and Morowali coupled with the ongoing ramp up of the Huafei Cobalt-Nickel Project and ongoing expansion at the PT Halmahera Persada Lygend Project.
Scope
Summary
GlobalData's Indonesia Cobalt Mining to 2035 provides a comprehensive coverage on the Indonesian cobalt industry. It provides historical and forecast data on cobalt 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 in Indoensia, information on the major active, planned and exploration projects by state.
Indonesia, once a minor player in the global cobalt market, has emerged as a significant force, largely driven by investment in high-pressure acid leach (HPAL) facilities. In 2025, the country is expected to have produced 49.3kt of cobalt, a 42.6% increase over the previous year, primarily driven by the increase in supply at Ningbo Lygend Mining’s PT Halmahera Persada Lygend Project, due to ongoing expansion and commissioning of additional HPAL production lines, which are reaching towards full operational capacity. The PT Halmahera Persada Lygend Project was suspended operations in 2024 to cut operational costs due to the prevailing market conditions such as oversupply and lower prices.
Looking ahead, the country’s cobalt output is expected to grow further in 2026, by an annual growth rate of 21.2% to reach 59.8kt. This will be supported by the start of the Pomalaa and Morowali coupled with the ongoing ramp up of the Huafei Cobalt-Nickel Project and ongoing expansion at the PT Halmahera Persada Lygend Project.
Scope
- The report contains an overview of the Indonesia's cobalt mining industry including key demand driving factors affecting the Indonesian cobalt mining industry.
- It provides detailed information on reserves, reserves by country, production, production by company, major operating mines, competitive landscape, major exploration and development projects.
- To gain an understanding of the Indonesian cobalt mining industry, relevant driving factors
- To understand historical and forecast trend on Indonesa's cobalt production
- To identify key players in the Indonesa's cobalt mining industry
- To identify major active, exploration and development projects by state
Table of Contents
49 Pages
- Overview
- Cobalt reserves
- Cobalt production
- Cobalt prices
- Major active mines
- Major development projects
- Major exploration projects
- Competitive landscape
- Demand
- Taxes and Royalties
- Appendix
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