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2024 Cobalt Count: Ranking the Top 10 Producers Worldwide!

**1. Democratic Republic of Congo**

The Democratic Republic of Congo is an African country that has long been a major producer of cobalt, with a significant portion of global cobalt reserves located within its borders. The country’s cobalt industry has faced challenges in recent years due to political instability, corruption, and ethical concerns related to mining practices.

**2. Australia**

Australia is another key player in the global cobalt market, boasting significant cobalt reserves that are primarily located in the state of New South Wales. The country’s cobalt production is expected to grow in the coming years, driven by increased demand for electric vehicles and renewable energy technologies.

**3. China**

China is a major cobalt producer, with the majority of its production coming from the Zhejiang province. The country’s cobalt industry has been heavily influenced by government policies aimed at securing a stable supply of strategic minerals, including cobalt, for its growing high-tech industry.

**4. Canada**

Canada is home to substantial cobalt reserves, particularly in the province of Ontario. The country’s cobalt production is primarily driven by the development of new mining projects and the expansion of existing operations, as global demand for cobalt continues to rise.

**5. Russia**

Russia is a significant cobalt producer, with most of its production coming from the Norilsk mining complex in Siberia. The country’s cobalt industry has been hampered by environmental challenges and geopolitical tensions, but it remains a key player in the global market.

**6. Cuba**

Cuba is a lesser-known cobalt producer, but the country has seen a recent increase in cobalt production, driven by investment in new mining projects. Cuba’s cobalt reserves remain largely untapped, presenting opportunities for further development in the future.

**7. Morocco**

Morocco is emerging as a cobalt producer, with significant reserves located in the Bou Azzer region. The country’s cobalt industry is still in its early stages of development, but it has the potential to become a key player in the global market in the years to come.

**8. Philippines**

The Philippines is a newcomer to the cobalt market, with recent discoveries of cobalt deposits in the Zambales province. The country’s cobalt industry is still in the exploration and development phase, but it is poised to contribute to the global cobalt supply in the future.

**9. Papua New Guinea**

Papua New Guinea is another emerging cobalt producer, with the country’s cobalt reserves located in the Ramu region. The country’s cobalt industry is growing rapidly, driven by interest from international mining companies and the potential for significant production expansion.

**10. South Africa**

South Africa has a long history of cobalt production, with reserves located in the Bushveld Igneous Complex. The country’s cobalt industry has faced challenges in recent years, including regulatory uncertainty and infrastructure constraints, but it remains an important player in the global cobalt market.

**In Conclusion**

These ten countries play a crucial role in the global cobalt market, with each contributing to the supply chain of this essential mineral. As demand for cobalt continues to rise, these countries will be key players in ensuring a stable and sustainable cobalt supply for industries such as electric vehicles, renewable energy, and high-tech manufacturing.

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