According to GlobalData, New Caledonia is the world’s fourth-largest producer of nickel in 2023, with output up by 3% on 2022. Over the five years to 2022, production from New Caledonia decreased by a CAGR of 3.18% and is expected to drop by a CAGR of 3.56% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2030 report. Buy the report here.
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New Caledonia accounts for 6% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Exports of nickel from New Caledonia increased by 2% in 2023 over 2022, with the highest share being exported to China. New Caledonia’s nickel exports are expected to grow at a CAGR of 0.32% between 2023 and 2027.
Leading producers of nickel in New Caledonia are Vale, Eramet, Glencore and Sumitomo Metal Mining. During 2020-2021, Vale's output was up by 7%, Eramet's output decreased by 54%, while output from Glencore increased by 5%.
For more detailed analysis of global nickel mining, buy the report here.
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