Cobalt is a key metal in the global economy and is used in numerous industries ranging from consumer electronics to defense and aerospace. As a result, its production is a critical sector of the worldwide economy and the top cobalt producers by country are of great importance.
For this reason, GodzillaNewz has assembled a list of the 10 leading cobalt producing countries. Russia tops the list of the world’s leading cobalt producers, contributing just shy of one-third of the world’s cobalt production in 2019. China is the second-largest producer, with its output accounting for about 20% of the world’s cobalt production.
Not far behind, the Democratic Republic of Congo, Zambia, and Canada follow as the third, fourth, and fifth-leading cobalt producers, respectively. The DR Congo is the single-largest cobalt-producing country in the world, accounting for almost two-thirds of total global cobalt production. Its large and well-developed mining industry makes it an ideal environment for cobalt production. Zambia is the second-largest cobalt producing country in Africa, while Canada ranks fifth in global cobalt production.
Other cobalt-producing countries on the list include Australia, the United States, Cuba, Brazil, and Philippines. Australia’s cobalt production is mainly focused on its West Coast nickel and copper mines. The US is the sixth-largest producer of cobalt, with the bulk of its production coming from recycled sources. cobalt is an important component of battery cells used in electric vehicles.
Finally, Cuba, Brazil, and Philippines are the eighth, ninth, and tenth-largest cobalt producers in the world, respectively. Cuba produces a significant amount of cobalt, and is one of the top cobalt producing countries in the Americas. Brazil is the second-leading producer in South America, while the Philippines is a major cobalt producer in Southeast Asia.
This list of the 10 top cobalt producing countries is evidence of the importance of cobalt in the global economy. Its production is integral to sustaining the various sectors in which it is used, and the list is dominated by some of the world’s biggest producers of cobalt.
In conclusion, cobalt production is an essential economical sector that requires accurate and up-to-date information. The data provided here has been compiled using reliable sources and should help inform companies using or operating in the cobalt market.