Monday, 6 January 2014

Global and China Cobalt Industry Report, 2013 - 2016

Affected by the global economic downturn and the slowdown in economic growth of China, in 2012, the growth rate of global output of cobalt fell sharply, with annual output of 110,000 tons, up by merely 0.9% year on year; the output of refined cobalt also declined dramatically, down 6.1 % year on year to 77,200 tons. In 2013, the global cobalt market rallied slightly, but it was still not optimistic as a whole, it is expected that annual output of cobalt in 2013 will show a year-on-year rise of about 3.6%. China lacks of cobalt ore resources, with the total proven reserves of cobalt approximating 80,000 tons, accounting for just 1% of global total, and the vast majority of proven resources are associated ore, whereas independent mineralized cobalt ore occupies only 4.7 % of the reserves in China. Known cobalt ores in China are mainly distributed in Gansu province which makes up 30.5% of China's cobalt reserves. View Full Report With Complete TOC at Global and China Cobalt Industry Report, 2013 - 2016


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