Output from DRC & Indonesia to support global cobalt supply to grow by 6.5% in 2024
Global cobalt production is expected to rise for the fourth time in a row, to 231.5 kilotonnes (kt) in 2024, an increase of 6.5% over 2022.
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Global cobalt production is expected to rise for the fourth time in a row, to 231.5 kilotonnes (kt) in 2024, an increase of 6.5% over 2022.
A fall in the price of cobalt, a silvery-blue metal used in electric vehicle (EV) batteries, electronics and the defence sector, has yet to deter many Chinese-owned and other mines from expanding or maintaining output.Most of the expansions are in the Democratic Republic of Congo (DRC), the dominant produ
Harita Nickel had previously succeeded in exporting nickel sulfate to China. The company now explores opportunities to export to Japan and Korea.
JATAM claims there is an abundance of alleged environmental violations across nickel mining sites in Indonesia.
In a year that has witnessed an exceptionally volatile nickel market, Myra Pinkham collects expert metal analysts' views on the causes and their opinions on the outlook for the vital base metal now