Cobalt supply: : Alternatives and additions

• Autores: Industrial Minerals
• Localización: Industrial Minerals, ISSN 0019-8544, Nº. 585, 2016 (Ejemplar dedicado a: Julio/Agosto)
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The $2.65bn deal is the biggest private investment in the DRC's history, and was designed to secure China's supply of cobalt. According to the Cobalt Development Institute (CDI), 94% of global cobalt supplies come from nickel and copper miners that produce cobalt as a minor by-product. Only 6% of global cobalt supplies come from primary cobalt mines that might be able to increase production in response to growing demand from the battery industry.

    Currently no cobalt is mined as a pure-play. However, Broken Hill Prospecting (BPL) owns two cobalt deposits within two granted mining leases (ML66 and ML67) in New South Wales, Australia, containing 35.7m tonnes at 1.85lbs/tonne cobalt (0.084% cobalt) with potential for an additional 37-59m tonnes between 0.0775-0.084% cobalt.

    Formation Metals Inc. is a well-established Canadian mineral exploration and mine development company focused on cobalt production in Idaho, US. Its 100%-owned Idaho Cobalt Project (ICP) is a high grade primary-cobalt deposit that has the potential to process concentrates into cobalt sulfate, copper sulfate