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U.S. Reported Consumption And Stocks Of Cobalt

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TABLE 2
U.S. REPORTED CONSUMPTION AND STOCKS OF COBALT1, 2
(Metric tons, cobalt content)
    2014   2015
Consumption by end use:
Steels and other alloys, excludes superalloys3 1,510 1,390
Superalloys 3,930 3,960
Cemented carbides4 783 726
Chemical and ceramic uses 2,330   2,710
Total 8,560   8,780
Consumption by form:
Chemical compounds, organic and inorganic5 2,190 2,060
Metal 4,170 3,980
Purchased scrap 2,200 2,750
Total 8,560   8,780
Stocks, December 31:6
Chemical compounds, organic and inorganic5 512 r 475
Metal W W
Purchased scrap W W
Total   1,160 r 1,080
rRevised. W Withheld to avoid disclosing company proprietary data; included
-in -Total.-
1Data are rounded to no more than three significant digits; may not add to
totals shown.
2Includes estimates.
3Includes magnetic alloys, nonferrous alloys, welding materials, wear-resistant
alloys, and other metallic uses not listed.
4Includes diamond tool matrices, cemented and sintered carbides, and cast
carbide dies or parts.
5Includes oxides.
6Stocks held by cobalt processors and consumers.

Source: United States Geological Survey Mineral Resources Program

See also: Mineral commodity prices


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