According to GlobalData, New Caledonia is the world’s fourth-largest producer of nickel in 2022, with output up by 8% on 2021. Over the five years to 2021, production from New Caledonia decreased by a CAGR of 3.09% and is expected to rise by a CAGR of 2% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2026 report. Buy the report here.
New Caledonia accounts for 7% of global production, with the largest producers being Indonesia, the Philippines, Russia and Australia. Exports of nickel from New Caledonia increased by 8% in 2022 over 2021, with the highest share being exported to the Republic of Korea. New Caledonia’s nickel exports are expected to grow at a CAGR of 2% between 2022 and 2026.
Leading producers of nickel in New Caledonia are Eramet, Vale, Glencore and Sumitomo Metal Mining. During 2020-2021, Eramet's output was down by 5%, Vale's output decreased by 22%, while output from Glencore decreased by 7%.
For more detailed analysis of global nickel mining, buy the report here.
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