Tuesday, February 8, 2022

DRC and China Dominate Cobalt Market

 Mining.com posted on 7 February 2022 an article titled "Global Cobalt Production Hits Record High in 2021, Boosted by EV Demand."

In 2021, the Democratic Republic of the Congo supplied more than 70 percent of the world's cobalt mine production.  China was the world's leading producer of refined cobalt and also the leading consumer, with more than 80 percent of its consumption used by the rechargeable battery industry.