In 2023, France's cobalt refinery capacity stood at a specific level not detailed in this analysis. From 2024 onward, the forecast indicates a steady decline in capacity, starting at 403.08 metric tons and decreasing annually, reaching 381.09 metric tons by 2028. This represents a year-on-year average reduction of around 1.4%. Over the five-year period, the compound annual growth rate (CAGR) indicates a consistent downtrend influenced by potential factors such as technological shifts, raw material availability, or changing policy landscapes.
Future trends to watch include the increasing demand for sustainable energy solutions and electric vehicle production, both of which could impact cobalt supply chains and refinery capacities. Additionally, technological advancements and policy changes aimed at enhancing local production or recycling could alter the current downward trajectory of France's cobalt refinery capacity.
