May 5, 2024
The Democratic Republic of Congo Produces 74% of Global Cobalt
What we’re showing?
Estimated cobalt production by country in 2023, in metric tons.
Key takeaways
- The Democratic Republic of Congo (DRC) accounts for 74% of the world's cobalt output.
- Around 20% of the cobalt mined in the DRC originates from small-scale artisanal mines, often employing child labor.
- The electric vehicle (EV) sector constitutes 40% of the overall cobalt market.