2020 State of the ASM Sector Report Learn about artisanal and small-scale mining's contribution to Sustainable Development Goal 8 in our new report

Data Challenges in Understanding Material Flows From Asm Activities: Cobalt Case Study

Excerpt from the 2020 State of the Artisanal and Small-Scale Mining Sector

Focus Area: Stimulating Economic Growth

Case Study: Data Challenges in Understanding Material Flows From Asm Activities: Cobalt Case Study

Cobalt is used in a diverse range of applications. However, of total annual global mine production estimated at 168,000 metric tonnes in 2018 (Brown et al. 2019), only about two percent is from mines that extract cobalt as the main product. Cobalt is primarily produced as a by-product of copper or nickel mining, and about 65 percent of the global mine production comes from the Democratic Republic of the Congo (DRC) (Brown et al. 2019).

Demand for cobalt is currently driven by the global energy transition and especially the need to decarbonize transport. Here, the use of cobalt in batteries in electric vehicles represents the largest application of this metal. Forecast scenarios suggest a further increase as the global automotive industry moves towards electrification.

Additional Info

Author(s)
E Petavratzi, C Kresse
Publication Year
2021
Associated Partners
British Geological Survey
Language
English
Publishing Institution Webpage
https://www.delvedatabase.org
Data Source Classification
Global Report
Research Type
Both
Research Methodology
Primary - OBSERVATION, Secondary - PREVIOUS RESEARCH, Secondary - OFFICIAL STATISTICS
Thematic Tags
Political, Formalization, Governance, Economic, Market Linkages, Social, Community, Employment, Human Rights, Labor and Working Conditions, Livelihoods, 2020 State of Sector
Minerals
Cobalt
Country
Democratic Republic of Congo
Last Updated
July 1, 2021