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Cobalt: a strategic and critical resource for industrialized nations, supplied by developing nations.
Nat Resour Forum 1980 Oct; 4(4):403-413
In 1978, the world cobalt market was abruptly thrust into a state of great uncertainty, with soaring prices, limited supply, and accelerating demand. A critical shortage threatened to develop but never really materialized. However, this situation dramatized western nations' vulnerability to supply disruption. A number of factors, including limited natural occurrence, unfavorable market conditions, and accelerating demand for cobalt, combined to bring about these unstable conditions.
OP; Journal Article
Issue of Publication
Natural Resources Forum
Page last reviewed: September 2, 2020
Content source: National Institute for Occupational Safety and Health Education and Information Division