Cobalt a strategic metal for the electron economy & CDU

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Cobalt is rapidly becoming known for its relative scarcity and its relevance to the emerging electron economy.


Introduction:

Many readers of this section of our website will be surprised to learn the countless ways this metal is essential to our daily lives - from cobalt's applications in health, communications and common household items to travel and national defense. The relationship of this essential metal to our daily lives is simple - modern society without cobalt cannot function!

Cobalt is considered a strategic metal by the US government. A strategic material is a commodity whose lack of availability during a national emergency would seriously affect the economic, industrial, and defensive capability of the US. The US is almost completely import dependent for its supplies of cobalt, and imports about 20% of world production. There is no current domestic primary production of cobalt, and except for a small amount of secondary material, the US must rely on foreign sources for all of its supply. The largest known deposit of cobalt in the US is near Salmon, Idaho.

Most of the cobalt consumed in the world originates from copper production in the West African countries of Democratic Republic of Congo (DRC) and Zambia, and from nickel production in Russia, China, Canada, Cuba and Australia. A significant amount of world production comes from DRC, Zambia and Russia where free markets are an unknown or recent experience. The other producer is Cuba, where a trade embargo exists with the United States. Read about cobalt

Now what isn't known is that Cudeco an ASX listed company has found enough Cobalt in Cloncurry, Queensland, Australia to become one of the world's top suppliers.


So have a read around the Cudeco story here is a nice starting point.

[Sparty]

If you want to get electrons to move from one place to another then in general terms you need copper.

And CDU Cudeco has discovered a monster deposit


Read the report and get on-board ASAP this thing is a moonshot.