The total reserves of cobalt across the globe amounted to an estimated 11 million metric tons in 2023. Although cobalt is not especially rare, ranking 32nd in global abundance among metals, it has become an increasingly important commodity due to its use in batteries, as well as in alloys, chemicals and ceramics, cemented carbides, and more.
Reserves of cobalt worldwide from 2010 to 2023
(in million metric tons)
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US Geological Survey. (January 31, 2024). Reserves of cobalt worldwide from 2010 to 2023 (in million metric tons) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1058647/global-cobalt-reserves/
US Geological Survey. "Reserves of cobalt worldwide from 2010 to 2023 (in million metric tons)." Chart. January 31, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1058647/global-cobalt-reserves/
US Geological Survey. (2024). Reserves of cobalt worldwide from 2010 to 2023 (in million metric tons). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1058647/global-cobalt-reserves/
US Geological Survey. "Reserves of Cobalt Worldwide from 2010 to 2023 (in Million Metric Tons)." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/1058647/global-cobalt-reserves/
US Geological Survey, Reserves of cobalt worldwide from 2010 to 2023 (in million metric tons) Statista, https://www.statista.com/statistics/1058647/global-cobalt-reserves/ (last visited December 22, 2024)
Reserves of cobalt worldwide from 2010 to 2023 (in million metric tons) [Graph], US Geological Survey, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/1058647/global-cobalt-reserves/