Investing in Cobalt


Cobalt is a transition metal. Most production comes from nickel and copper mining. It is used to create high-strength alloys, as a blue pigment in glasses and ceramics, and in lithium ion batteries.

China Sun Group High Tech (OTC: CSGH) - Cobaltosic oxide and lithium cobalt oxide
ZCCM Investment Holdings (LUS: ZCCM) - Their Chambishi Metals subsidiary produces cobalt in Zambia.
Norlisk Nickel (OTC: NILSY) - http://www.nornik.ru/en/production/product_type/pt25/ - Metallic cobalt in ingots and granules. They also produce copper, palladium, platinum, silver and gold, along with byproducts like rhodium, iridium, and ruthenium.
OM Group (NYSE: OMG) - http://www.omgi.com/
American Elements - Cobalt metal, cobalt oxide, cobalt oxalate, cobalt acetate, cobalt bromide, cobalt carbonate, cobalt chloride, cobalt fluoride, cobalt nitrate, sodium hexanitrocobaltate, and alloys of cobalt with samarium.
Geovic Mining Corp. (TSE: GMC) - http://www.geovic.net/ - Geovic Cameroon produces cobalt in Africa.
London Metal Exchange http://www.lme.co.uk/minormetals/cobalt.asp - One can invest in cobalt futures contracts on the LME.
Minara Resources (ASX: MRE) - Australian cobalt and nickel producer

Cobalt price chart - http://www.infomine.com/investment/charts.aspx?c=Cobalt#chart

Cobalt News
2010-02-01 - (smm) - Firm cobalt prices from the US, sluggish transactions in Europe
2008-01-01 - (ft) - Battery demand galvanises price of cobalt

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