Roughly Cobalt sells for $US15-20 per pound. And the Haywoods...

Roughly Cobalt sells for $US15-20 per pound. And the Haywoods report indicates Anvil's interest in producing cobalt is a priority.

Cobalt's primary ores are cobaltite (CoAsS) and erythrite (Co3(AsO4)2). Cobalt is usually recovered as a byproduct of mining and refining nickel, silver , lead , copper and iron. Although cobalt is used in electroplating to give objects an attractive surface that resists oxidation, it is more widely used to form alloys. Alnico, an alloy consisting of aluminum, nickel and cobalt is used to make powerful permanent magnets. Stellite alloys, which contain cobalt, chromium and tungsten, are used to make high-speed and high temperature cutting tools and dyes.

Cobalt is also used to make alloys for jet engines and gas turbines, magnetic steels and some types of stainless steels.

Cobalt compounds have been used for centuries to color porcelain, glass, pottery, tile and enamel. Some of these compounds are known as: cobalt blue, ceruleum, new blue, smalt, cobalt yellow and cobalt green. In addition to being used as a dye, cobalt is also important to human nutrition as it is an essential part of vitamin B12.

Cobalt Powders are used as raw materials to produce cobalt oxide precursors for lithium ion and polymer batteries. These powders are oxidized either as is or after dissolved in an acid solution. There are also used to make lithium cobalt dioxide as a cathode material for batteries.It is used as an additive in rechargeable alkaline nickel cathode-based batteries. It is used as a conductive additive in the cathode of such batteries to increase the electronic conductivity of the battery. It is also used as an additive in the anodes of nickel metal hydride batteries.

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Cobalt sulfate finds application in the preparation of magnetic oxides for recording tapes, metal finishing, the animal feed industry, electrowinning of copper and as a chemical raw material.
Cobalt Carbonate principal uses include the preparation of hydroprocessing catalysts and ceramic pigment applications. Cobalt carbonate is an important additive as a mineral supplement for ruminants such as cows and sheep.
Cobalt Hydroxide is a specialty product utilized in the preparation of both refining and petrochemical catalysts.
Cobalt's primary ores are cobaltite (CoAsS) and erythrite (Co3(AsO4)2). Cobalt is usually recovered as a byproduct of mining and refining nickel, silver , lead , copper and iron