RE:Cobalt Cobalt is $14.97 USD per lb today.
https://www.infomine.com/investment/metal-prices/cobalt/
110 million pounds = $1.65 USD billion
30million pounds = $449 USD million
IMO, getting to the high grade 1.9 g/t Pt Eq. or 0.50% Ni Eq. cut-off ore is crucial.
Whampoa wrote: Material about Cobalt . Industrial usage, demand, pricing, recent pricing trends, supply:
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Stand-off continues between Chinese cobalt smelters and Glencore
April 03, 2014
https://www.metalbulletin.com/Article/3326504/Stand-off-continues-between-Chinese-cobalt-
smelters-and-Glencore.html#axzz39ci6dL00
Here a company focused on Colbalt:
https://globalcobaltcorp.com/
We have at WG M&I colbalt
110 million pounds at
0.57 g/t Pt Eq. or 0.15% Ni Eq. cut-off
or 30million pounds at
1.9 g/t Pt Eq. or 0.50% Ni Eq. cut-off