Cobalt is mainly produced as a by-product of other metals. Copper is the leading primary product from which cobalt is produced. As of 2020, cobalt produced as a by-product at copper mines accounted for a 55 percent share of the total global cobalt produced that year. Nickel mining was the second-largest source of cobalt by-product production that year, at 29 percent. Cobalt-specific mining operations accounted for just 14 percent of the total cobalt produced worldwide that year.
By-product production share of cobalt worldwide from 2013 to 2020, by primary product
Characteristic
Copper
Nikel
PGMs*
Cobalt
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Statista. (May 31, 2021). By-product production share of cobalt worldwide from 2013 to 2020, by primary product [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/
Statista. "By-product production share of cobalt worldwide from 2013 to 2020, by primary product." Chart. May 31, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/
Statista. (2021). By-product production share of cobalt worldwide from 2013 to 2020, by primary product. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/
Statista. "By-product Production Share of Cobalt Worldwide from 2013 to 2020, by Primary Product." Statista, Statista Inc., 31 May 2021, https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/
Statista, By-product production share of cobalt worldwide from 2013 to 2020, by primary product Statista, https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/ (last visited July 22, 2024)
By-product production share of cobalt worldwide from 2013 to 2020, by primary product [Graph], Statista, May 31, 2021. [Online]. Available: https://www.statista.com/statistics/1304267/global-production-share-of-cobalt-by-primary-mineral-product-mined/