Cobalt in batteries: global demand 2017/2025

Published by S. O'Dea, Jan 5, 2023
This statistic represents the global demand for cobalt used in batteries in 2017, with a forecast for 2025. Global demand for cobalt in batteries is expected to reach some 117 kilotons by 2025. Demand for cobalt in batteries is expected to double between 2017 and 2025.

Global demand for cobalt in batteries from 2017 to 2025 (in kilotons of refined metal)

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Release date

June 2018

Region

Worldwide

Survey time period

2017

Supplementary notes

Battery includes automotive, trucks and buses, 2- and 3-wheelers, machinery, grid storage, and consumer electronics.
*The 2025 figure is a projection under a base case scenario.

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Overview

6

Segments

4

Minerals

5

Battery manufacturing

4

Companies

8

Sustainability

4

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