Gas to liquid technology (GLT) and Cobalt

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Gas to liquid technology (GLT) -- The application of this technology is expected to result in a major new demand for cobalt.

GTL has the potential to convert enough "stranded" natural gas reserves into ultra-low emission liquid petroleum fuels to supply the world's energy needs. This technology will help eliminate the need for flaring natural gas in association with oil production, allowing development and production from wells previously closed due to inability to dispose of stranded natural gas.

Now read about the Australian copper explorer that has discovered one of the world's largest Cobalt deposits.