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Cobalt is almost always produced as a byproduct of other more abundant metals. Currently, more than one-half of the world's supply is produced as a byproduct of copper mining and refining in Zaire and Zambia. Cobalt production in most other countries is a byproduct of nickel mining and/or refining. Although some producers can increase or decrease the amount of cobalt mined or refined, most cobalt production is ultimately dependent on the production of copper and nickel.
The United States is the world's largest consumer of cobalt, but currently has no domestic mine or refinery production. Therefore, the United States is 100% dependent on imports for its supply of primary cobalt. In terms of total supply, currently about 15% of U.S. cobalt consumption is from recycled scrap, resulting in a net import reliance of 85%. To ensure an adequate supply for military, industrial, and essential civilian needs during a national emergency, cobalt metal is included in the National Defense Stockpile.
U.S. Department of the Interior U.S. Geological Survey Minerals Information 988 National Center Reston, VA 20192 USA URL: http://minerals.usgs.gov/minerals/pubs/commodity/cobalt/stat/index.html Maintained by: rcallaghan@usgs.gov Last modification: 05-Dec-2002@08:18 Privacy Statement || Disclaimer || FOIA || Accessibility |