COBALT CONF: Drop in artisanal cobalt mining to hit feed supply

A fall in artisanal mined cobalt concentrate is expected to tighten feed supply soon, as concerns over human rights abuses continue to hang over the cobalt industry and downstream sectors, Metal Bulletin heard at the CDI Cobalt Conference in Seoul, South Korea this month.

Output of artisanal concentrate is estimated to have fallen by about 30% year-on-year in the first quarter of 2016 as a result of Amnesty International’s report on alleged human rights abuses in artisanal cobalt mining earlier this year, according to a source familiar with the situation.
Artisanal activity was estimated at more than 10,000 tonnes of cobalt in concentrate, accounting for nearly 10% of total global cobalt supply in 2015.

Meantime, awareness of a clean...

Published

Linda Lin

May 16, 2016

04:10 GMT

Seoul

Keywords