Just to complete the above calculation re cobalt.
If an orebody has 0.079% (=790ppm) of cobalt, this is equal to 1.738 lbs/tonne.
For a price of cobalt = $50
Cobalt value in orebody is ~$US86.9/tonne.
[Don't know what the extraction efficiency is for Co from laterites.]
Just to complete the above calculation re cobalt.If an orebody...
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