Nickel is a critical metal used in various industries, including stainless steel production and battery manufacturing. As global demand for nickel rises, several countries have emerged as major producers, each contributing significantly to the market. This article highlights the top 10 nickel-producing countries in the world, detailing their production volumes and key players in the industry, reflecting their impact on the global supply chain.
Global nickel production from mines was estimated at 3.6 million metric tons. This substantial output reflects the essential role of nickel in various industries, including stainless steel and battery manufacturing. The significant production levels underscore the global reliance on key nickel-producing countries to meet growing demand and support economic growth.
Indonesia is the world’s largest nickel producer, holding reserves of 21 million metric tons, which constitutes 20.6% of the global total. In 2023, Indonesia produced 1.72 million metric tons of nickel, marking a 21.1% increase from 2022. The country’s nickel-rich saprolite and limonite deposits support its high production levels. Major mines like Pakal Island, Bahoomahi, Gag Island, Pomalaa, and Tapunopaka are crucial to its output. Indonesia is expected to significantly contribute to the global production increase to 3.37 million metric tons in 2023.
Indonesia, with the annual nickel production of 1.72 million metric tons, stands as the largest nickel producer in the world, followed by Philippines, Russia, New Caledonia and Australia.
Here is the list of top-10 nickel producing countries in the world:
Top-10 Nickel Producing Countries in the World | ||
Rank | Country | Nickel Production (in thousand tons) |
1. | Indonesia | 1,721.5 |
2. | Philippines | 365.1 |
3. | Russia | 218.9 |
4. | New Caledonia | 193.8 |
5. | Australia | 158.1 |
6. | Canada | 132.4 |
7. | China | 110.4 |
8. | Brazil | 84.8 |
9. | Cuba | 45.2 |
10. | Others | 342.1 |
The uses of Nickel metal are as follows:
Indonesia, with the annual nickel production of 1.72 million metric tons, stands as the largest nickel producer in the world.
Philippines, with the annual nickel production of 365.1 thousand tons, stands as the second largest nickel producer in the world.
The top-5 nickel producing countries in the world are: Indonesia, Philippines, Russia, New Caledonia and Australia.
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