It is forecast that cobalt consumption in batteries will amount to over 250,000 metric tons worldwide in 2030. That represents an expected increase in battery-related cobalt consumption of about 100,000 metric tons worldwide compared to the expected consumption in 2024.
Forecast consumption of cobalt in batteries worldwide from 2024 to 2030
(in million metric tons of contained cobalt)
Includes the total amount of cobalt consumption required for portable consumer electronics, xEVs, E-micromobility, energy storage systems (ESS), and other battery types.
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Statista. (December 20, 2023). Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt) [Graph]. In Statista. Retrieved November 25, 2024, from https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/
Statista. "Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt)." Chart. December 20, 2023. Statista. Accessed November 25, 2024. https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/
Statista. (2023). Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt). Statista. Statista Inc.. Accessed: November 25, 2024. https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/
Statista. "Forecast Consumption of Cobalt in Batteries Worldwide from 2024 to 2030 (in Million Metric Tons of Contained Cobalt)." Statista, Statista Inc., 20 Dec 2023, https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/
Statista, Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt) Statista, https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/ (last visited November 25, 2024)
Forecast consumption of cobalt in batteries worldwide from 2024 to 2030 (in million metric tons of contained cobalt) [Graph], Statista, December 20, 2023. [Online]. Available: https://www.statista.com/statistics/1425796/global-consumption-of-cobalt-for-batteries/
