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List of countries by bauxite production: Bismuth [8] China Vietnam: List of countries by bismuth production: Copper [9] Chile Peru: List of countries by copper production: Chromium [10] South Africa Turkey: List of countries by chromium production: Gold [11] China Australia: List of countries by gold production: Iron ore [12] Australia China
Starting from smaller amounts in 2021, Indonesia began producing cobalt as a byproduct of nickel production. By 2022, the country had become the world's second-largest cobalt producer, with Benchmark Mineral Intelligence forecasting Indonesian output to make up 20 percent of global production by 2030. [137]
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The tiny island nation outproduces the United States 6-to-1 in cobalt and boasts 2,073% higher reserves. Good thing it's only 103 miles away.
The Karakul deposit is one of the largest cobalt deposits in Russia. [1] The deposit is located in Altai Republic. [1] The deposit has reserves amounting to 180 million tonnes of ore grading 0.33% cobalt, 1.5% copper, 0.11% nickel and bismuth, 0.4% tungsten, 4.6 million oz of gold and 57.6 million oz of silver.
About two-thirds of cobalt mining is carried out in industrial mines with the use of heavy machinery, and accompanied by health and safety standards. Artisanal production makes up the remaining share.
The mining industry of the Democratic Republic of the Congo (French: Industrie minière de la République Démocratique du Congo) produces copper, diamonds, tantalum, tin, gold, and more than 70% of global cobalt production. [1] Minerals and petroleum are central to the DRC's economy, making up more than 95% of the value of its exports. [2]
[5]: 127 As of 2024, the DRC produces more than 70% of the world's cobalt, and most of this production goes to China. [5]: 127 Chinese companies account for the majority of cobalt mining in the DRC. [5]: 127 China is a world leader in refining Cobalt, with a 68% share in global supply as of 2022. [6]