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.
Altius Minerals (TSE: ALS) - http://www.altiusminerals.com/ - Small interest in the Voisey's Bay nickel-copper-cobalt project in Labrador, Canada.
Geovic Mining Corp. (TSE: GMC) - http://www.geovic.net/ - Geovic Cameroon produces cobalt in Africa.
Africo Resources (TSE: ARL) - http://www.africoresources.com/ - Their Kalukundi project in Kolwezi District, Katanga Provicnce, Democratic Republic of Congo holds cobalt and copper deposits.
Cascadia International Resources (CVE: CCR) - http://www.cascadiaintl.com/ - Their Norton Lake and Midway properties contain cobalt, nickel, copper, and platinum group elements.
Arctic Star Diamond Corp (CVE: ADD) - http://www.arcticstardiamond.com/ - Their Credit Lake property in Northwest Territories holds cobalt, palladium, copper, platinum, and nickel.
London Metal Exchange http://www.lme.co.uk/minormetals/cobalt.asp - One can invest in cobalt futures contracts on the LME.

Alberta Star Development (CVE: ASX) - http://www.alberta-star.com/
Starfield Resources (TSE: SRU) - http://www.starfieldres.com/ - Their Ferguson Lake property in Nunavut, Canada holds cobalt, platinum, nickel, palladium and copper.
Lundin Mining (TSE: LUN) - http://www.lundinmining.com/ - They hold an equity stake in the Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo
African Metals Corporation (CVE:AFR) - http://www.africanmetals.com/ - High grade cobalt deposits at the Katanga Copper belt in the Democratic Republic of Congo.

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

Cobalt Development Institute - http://www.thecdi.com/

Cobalt News
2010-02-01 - (smm) - Firm cobalt prices from the US, sluggish transactions in Europe
2009-08-08 - (gf) - Invest in the cobalt story: OM Group and Geovic Mining
2008-01-01 - (ft) - Battery demand galvanises price of cobalt
2007-09-05 - (mw) - Cobalt investment contract launched by Credit Suisse

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