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Cobalt availability - market economy countries. A minerals availability program appraisal.

Authors
Mishra-CP; Sheng-Fogg-CD; Christiansen-RG; Lemons-JF; De Giacomo-DL
Source
Denver, CO: U.S. Department of the Interior, Bureau of Mines, IC 9012, 1985 Jan; :1-33
Link
NIOSHTIC No.
10004451
Abstract
The Bureau of Mines performed a study of the availability of cobalt from market economy countries. The study entailed the detailed analysis of 97 deposits which contain 3.9 billion lb of cobalt at the demonstrated level; in 94 of the deposits cobalt is recovered as a byproduct, and in 3 it is considered the primary product. Since 97 pct of all recoverable cobalt is derived as a byproduct from copper and nickel deposits, the report focused on these two sources. At an assumed market price of $0.89/lb for copper, $3.45/lb for nickel, $475/tr oz for platinum, and $7/lb for cobalt, 1,330 million lb of cobalt at the demonstrated level are potentially available. This total includes 1,105 million lb of cobalt from copper properties, 190 million lb from nickel, 29 million lb from platinum, and 6 million lb from primary cobalt. This analysis indicates that the production cost for 589 million lb of cobalt can be totally covered by the revenuesfrom the other metals producted. The impacts of increases in capital investment and energy costs are also discussed.
Keywords
Cobalt; Mineral economics; Availability; Mineral deposits; Producion; Utilization; Refining; Zaire; Zambia; Canada; United States; South Africa
Publication Date
19850101
Document Type
IH; Information Circular
Fiscal Year
1985
NTIS Accession No.
PB85-245918
NTIS Price
A03
Identifying No.
IC-9012
NIOSH Division
DRC
Source Name
Denver, CO: U.S. Department of the Interior, Bureau of Mines, IC 9012
State
CO
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