The politically unstable Democratic Republic of Congo contains approximately half of known global cobalt reserves and 40-50 percent of incremental cobalt production, over the next five years, is anticipated to emanate from the DRC.

 

Demand for cobalt is expected to rise at about seven percent yoy to over 100,000 tonnes by 2016 and industry experts say more stable sources of cobalt are needed.

 

A junior with a primary cobalt deposit should be on all our radar screens.

 

http://aheadoftheherd.com/Newsletter/2012/Congo-and-Cobalt-Critical.htm