Global Cobalt Output Increased in 2011

Platts reported that the Cobalt Development Institution said global cobalt production rose 4% in 2011 over the previous year.

As quoted in the market news:

The report, based on main sources reporting their production, said there was a modest increase in demand in the Americas and Europe and that Asia (including China) saw an increase of about 18% compared to 2010. Cobalt production from CDI members increased 15% last year to 35,483 mt from 30,872 mt in 2010.

Click here to read the full Platts report.