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The Bureau of Mines evaluated the potential supply of cobalt from known domestic resources, both as primary product from some deposits and as a byproduct form others, and found that U.S. production could play an important role in meeting U.S. cobalt needs by the mid-1980's. This production would be of a relatively short duration, however, with production declining significantly before the year 2000. As part of the study, a tonnage-price relationship was developed indicating the quantity of cobalt that could be produced form known cobalt-bearing deposits at various primary commodity prices adn at a 15-percent rate of return on the required capital investment. All capital and operating costs a...
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