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Benchmark: Indonesia could become major cobalt producer; forecasts 30x boost

Indonesia is both the world’s largest nickel producer and the country with the biggest nickel reserves. (Most of Indonesia’s nickel output is currently Class 2 nickel, a low-purity type used for stainless steel. The country’s government and the mining sector are determined to transform its nickel industry to meet the...
Mineral Intelligence Cobalt Forecast Democratic Republic Moa Bay

Largest Cobalt Mines in the World | Kamoto is First

Interest in cobalt has increased in recent years due to its use in the lithium-ion batteries used to power electric cars. The Democratic Republic of Congo (DRC) is the world’s largest producer of cobalt by far, with its output reaching 95,000 tonnes last year — almost 60 percent of global supply. For investors who want to learn more about the sector, here’s an overview of the world’s largest cobalt mines, according to the most recent data from S&P Global Market Intelligence. Our FREE C...
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