60% Cobalt Is Producing From Copper And Nickel Mining Process

- Jul 15, 2017 -

60% of the cobalt comes from the copper mining process, and 38% of the cobalt comes from the nickel mining process. This means that if the price of copper and nickel is low, the mine may be suspended and cobalt mining will be suspended together.

For example, in 2015 the world's largest mining company Glencore because copper prices fell below $6000 a tonne, 3 copper mine suspend production in africa. The annual output of the three mines is about 422 thousand tons of copper and 19 thousand tons of cobalt