Explore the latest trends and actionable insights on the Global Cobalt Mining market to inform business strategy and pinpoint opportunities and risks.

Global : Five Largest Cobalt Mines in 2021

  • Metalkol RTR Project in Katanga, Democratic Republic of the Congo, was the largest cobalt-producing mine in the world, producing approximately 55,908 tonnes of cobalt and an estimated 4.78 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Metalkol RTR Project is owned by Eurasian Resources Group Sarl. The second largest cobalt-producing mine with an estimated cobalt production of 18,501 tonnes and an estimated 16.6 mmtpa of ROM, was the Tenke Fungurume Mine located in Katanga, Democratic Republic of the Congo. The Tenke Fungurume Mine is owned by China Molybdenum Co Ltd, and is due to operate until 2047.

  • Mashamba East Mine located in Katanga, Democratic Republic of the Congo was the third-largest mine, the Sicomines Copper-Cobalt Mine located in Katanga, Democratic Republic of the Congo was the fourth-largest mine, and the KOV Mine located in Katanga, Democratic Republic of the Congo was the fifth-largest mine, with an estimated cobalt production of 17,775 tonnes, 17,154 tonnes and 16,491 tonnes, respectively, in 2021. The Mashamba East Mine, the Sicomines Copper-Cobalt Mine and the KOV Mine had an estimated ROM production of 5.81 mmtpa, 7.81 mmtpa and 6.25 mmtpa respectively. The Mashamba East Mine is owned by Glencore Plc, the Sicomines Copper-Cobalt Mine is owned by China Railway Group Ltd and the KOV Mine is owned by Glencore Plc.

  • The five largest cobalt mines, i.e., Metalkol RTR Project, Tenke Fungurume Mine, Mashamba East Mine, Sicomines Copper-Cobalt Mine, and KOV Mine, cumulatively produced approximately 125,829 tonnes of cobalt, 41.25 mmtpa of ROM in 2021.

Global : Five Largest Cobalt Mines in 2021

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Global Cobalt Mining market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Global Cobalt Mining market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
Still looking?

Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward