Top 10 Cobalt Producers by Country

2026-06-10 16:55:00 ET

Battery metal cobalt has been in focus in recent years for its role as a cathode material in lithium-ion batteries, bringing attention to the top cobalt producing countries.

One of the metal’s main catalysts is the increasing demand for electric vehicles and energy storage systems. Some forms of the lithium-ion batteries that power electric vehicles and energy storage require lithium, graphite and cobalt, among other raw materials, and demand for these key electrification commodities is expected to keep rising as the shift toward clean technologies continues at a global scale.

Additionally, the metal is predominantly produced as a by-product during copper and nickel mining, two other metals that are important for the green transition.

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