Search Documents

By M. A. Perras, H. A. Kasani, G. Walton

The development of an underground repository for the storage of spent nuclear fuel relies on a multi-barrier system to isolate the used fuel from the environment – ultimately, the biosphere. These barriers include engineered copper and steal canisters, dense bentonite, and the natural rock as well. In order to reduce the potential flow pathway along the excavation induced damage zone, various slots perpendicular to the excavation axis have been proposed. These slots are called cut-off seals and generally are filled with bentonite as it has high swelling potential and very low permeability. Many different geometries have been proposed, but clear guidelines on the selection of the optimum geometry have yet to be developed. In order to assess the optimum geometry, three shapes have been selected for this numerical study, including a trapezoid, a triangle, and a thin rectangular slot. The cut-offs were modelled for a conceptual shaft constructed in the Queenston Formation from Ontario over a stress to strength ratio that has been found at many underground research laboratories. It was found that the excavation of a triangular and thin slot cut-off had the smallest increase in the damage as quantified based on the extensile volumetric strain within the plastic yield zone. Both shapes showed an increase in the damaged zone by 13 cm at a stress to strength ratio of 2.75. The trapezoidal cut-off damage zone increased by 20 cm at the same stress to strength ratio. Further study is required to better define the optimum cut-off shape for wider variety of conditions and other geological formations.

Jan 1, 2020

By C. R. Edwards

"Equity Silver Mines Limited, Canada's largest silver mine, has designed, built and operated a leach plant to reduce the levels of antimony and arsenic in its silver-gold-copper flotation concentrate. The orebody contained deleterious antimony and arsenic minerals in such proportions that the economic long-term sales contracts necessary to obtain project financing could not be procured. Construction of the leach plant therefore allowed development of the mine to proceed. Although the plant took some time to reach design throughput and product specifications, due to the complex and unique nature of the operation, these goals were successfully met and surpassed. This paper describes the physical plant and/or process technology modifications made to mold the main processes-concentrate leaching and filtering, autoclaving and filtration of by-products, and crystallization of salt cake-into an effective, economic operation.IntroductionEquity Silver Mines Limited, a member of the Placer Development Group, owns and operates an open-pit silver mine and related facilities located 37 kilometres southeast of Houston in north-central British Columbia. The mine occupies a 44 I-hectare (1089 acre) site at an elevation of 1300 metres (4265 feet) on the Nechako Plateau. Producing a copper concentrate containing high values of silver and gold, it is the largest silver mine in Canada and one of the largest in the western world. Equity stresses open communications, positive motivation, and production with safety, and achieved the best mine safety record in western Canada in 1984."

Jan 1, 1985

By P. B. Demarsh

"Location: - On highway 59, 17 miles east of Val d 10r near junction of Montreal highway in Northwestern Quebec.Life; - Started production 1952, ceased 1965.Ore: - Pyrite, chalcopyrite and small amounts of free gold and goldsilver tellurides in narrow quartz-carbonate-tourmaline veins in granodiorite. Specific gravity 2, 70.Capacity: - 700 tons daily Bevcon ore supply, l 000 tons daily when custom ore available.Assay: - Heads 0 .140 oz. per ton; tails 0. 009 per ton; extraction 92.5%.Grind: - 75% minus 200 mesh at 700 tons; 68% minus 200 mesh at 1000 tons. Detention time 28 hours and 21 hours respectively.Treatment: - Cyanidation process.Reagents: - Per ton. Aero Cyanide (NaCn) 0, 50; crushed unslaked lime 1. 75; zinc 0. 03; litharge 0. 10; steel consumption 2. 25.Water: - Pumped from land-lock spring fed lake l 1/2 miles distant.Cost: - Per ton. Crushing 0. 13; grinding 0 .32; filtration 0. 07; cyanidation 0.14; miscellaneous 0.29; total 0.95.Power: - Hydro-electric, 25 cycle, 12, 000 volts reduced to 550 volts.Labour: - Predominantly French Canadian, nucleus English Canadians.Tailings: - Impounded low lying pond.Personnel: - 15 including supervision.Flow sheet: - Canadian Mining Manual l 9 5 6 .Building: - Wood truss construction: 3/ 4 in. siding, ten test and 1/ 4 in. transite outside. Corrugated galvanized iron roof. Ground level foundations. Internal self induced heating. Wood stave tank equipment."

Jan 1, 1966

By Marcel Laflamme

Underground mine workers are continuously exposed to many sources of noise and vibration in carrying out their tasks. Even though the vibration and sound level of some mining equipment is documented, it was found that this information is not readily available for many pieces of equipment and that it is not considered when choosing equipment or planning tasks. As well, health problems related to vibration and noise are among the main causes of work-related compensations in mines. Considering those facts and although no Canadian regulations could force employers to limit the exposure of their workers to vibration, the Société de recherche et développement minier (SOREDEM) decided to address the problem by including vibration among their research priorities. In order to characterize noise and vibration sources of different mining equipment used for underground mining, the authors have performed a study in 8 different mines in Québec on 28 different mining equipments. The paper will present the procedure that was followed to select the list of equipment to be evaluated and the low cost acquisition system developed to perform multichannel time domain acquisition in harsh environments. It will also present the results obtained for the noise level produced by the equipment as well as for the hand-arm and whole-body vibration exposures.

Aug 1, 2013

When underground extractions occur beneath or in close proximity to valleys and other forms of irregular surface topographic features, the observed vertical subsidence at the base of the valley is less than that would be expected in flat terrain, while the valley sides are observed to move inwards towards the centre of the valley. The reduction in subsidence at the bottom of the valley is referred to as upsidence and the convergence of two sides of the valley is termed valley closure. Research coupled with mining experience over the past few decades in Australia has identified valley closure subsidence as being very real and quite significant part of non-conventional subsidence effects, which always have adverse effects on natural features, with risks to water flow and aquatic ecosystems. In this paper, we describe a threedimensional numerical modelling approach to investigate the geomechanical mechanisms which cause the valley closure subsidence behaviour, using distinct element computer package 3DEC. The calibrated models can accurately predict subsidence and horizontal displacements, and they are subsequently extended to specifically study the effect of a series of mining geological and topographical factors on valley closure subsidence phenomenon, by developing a range of hypothetical scenarios. Previous analyses carried out using a two-dimensional numerical modelling technique have identified the potential parameters that affect the valley closure subsidence, which mainly include longwall position, horizontal stresses, valley sloping angle, and valley shape. Further three-dimensional analyses regarding the relationships between the major factors and valley closure subsidence are discussed in this paper. The results have significant implications with regard to both the underlying mechanisms that lead to this nonconventional subsidence behaviour, and how these should be incorporated in future valley closure subsidence prediction and mitigation of its impacts on natural features.

Jan 1, 2015

By Geo. E. Cole

A GREAT deal of time and energy is now being devoted to the study of post-war reconstruction and rehabilitation, in spite of the fact that as yet we have not won the war in which we are presently engaged. If you feel that the study of post-war problems takes our thought away from the problem immediately before us, you may well query, "Well! What has all that to do with winning the war, our most urgent problem today?" The answer has been given by Principal James of McGill University, Chairman of the Cabinet Committee on Reconstruction: "Reconstruction is something which must be thought of in advance, partly for the purpose of recognizing exactly the influence of war-time activities, controls, and regulations on the post-war Canadian scene. Many people are acutely interested in this great problem. It is not that they are not interested in the war itself, or epochal events that are taking place from day to day. They have a vision of that future which they hope will be Canada's, and this vision inspires them to even greater efforts at the present time". The trend of events would indicate that changes, economic and industrial, after this war will be greatly out of line with those that followed previous wars in history, for the present struggle has involved every nation in the world. In the peace that will come, every engineer will have a task in bringing the most desirable order out of the most distressing chaos. We certainly are living in a changing world; we are witnessing geo-graphical and economic readjustments that no other generation in world's history has ever witnessed. And there is an opinion gaining strength in our Dominion, as in other lands, that after this war we shall live in a world in which our process of thinking and our very way of life will have to undergo drastic changes to cope with the new order of things. Sadly our world of today has had to revise the sublime vision that nation shall not lift up sword against nation, while salvage operations continue to beat ploughshares into tanks and the peaceful pruning-hook into a weapon for the deviltry of the commando.

Jan 1, 1943

By J. D. Galloways

The northern part of the P. G. E. railway traverses and opens up that part of the province known as the Cariboo district, comprising the Cariboo and Quesnel Mining Divisions, which are a part of the Northeastern Mineral Survey District. Williams lake, a divisional point on the P. G. E. is near the southern boundary of the Quesnel Division and from this point the railway runs northerly to Quesnel, its present terminus. From Quesnel the railway is projected and partially constructed to Prince George on the Canadian National railway; therefore its general trend is northerly through the heart of the Cariboo district. Early History There is no need to outline at any length the early history of mining in the Cariboo. It is sufficient to say that the great gold rush to the Cariboo, in the early sixties, was practically the commencement of mining in British Columbia. These early placer mining operations centred around the old towns of Quesnel Forks, Keithley Creek, Barkerville and Van Winkle, the latter now called Stanley. Many millions of dollars of placer gold have been taken out and the end of production is not in sight yet. The maximum yearly production was reached about 1863, after which there was a gradual decline in output. During the war years production was at a very low figure but a steady, even if small, increase has occurred in the last three years and prospects are encouraging for a much greater output.

Jan 1, 1925

By Fan Delian, Ye Jie, Lui Tiebing

The lower and the upper parts of the Doushantuo Fonnation, Hubei Province, China, contain silicate-type K-rich beds (illite and feldspar), and intraclastic phosphorites, as well as Ag-V and V deposits in a "Black Shale Series". The K-rich beds fonned in an anoxic basin whereas the phosphorites fonned in a more oxic and higher energy depositional environment. The Black Shale Series occurs in the lower and upper parts of the Doushantuo Fonnation; that in the upper part consists of black illite shale and dark gray dolostone, and contains Se-rich Ag and V deposits. These deposits are of more industrial significance than the previously discovered Ni-Mo polyelement sulfide deposits which occur in the Lower Cambrian Black Shales Series of South China. Studies of lithotype, sedimentary sequence, and geochemistry of the Doushantuo Fonnation have led to more attention being focused on the uppennost Black Shale Series and its Ag-V and V deposits. There are three ore types: black, Ag-V-rich, illite shale; black, V-rich, illite shale; and dark gray, Ag-Vrich, fmely crystalline dolostone. The first two ore types contain 3070 to 5% Corg and the last, 1.25%. The Ag-bearing minerals are naumannite, argyrodite, aguilarite, acanthite, and native silver that occur as inclusions in pyrite associated with barite. Vanadium substitutes for AI in illite and is also related to organic-matter contents. Because (1) the pre-Sinian Kongling Group contains one to three times greater than the Clark Ag value; (2) black, illite shale has a negative Ce anomaly; and (3) there are large occurrences of black, K-rich, tuffaceous, fme siltstone, the sources of Ag are thought to include subaerial and submarine volcanic materials. It is proposed that Ag, V, and Se were absorbed by clay particles and organic matter during syngenetic deposition in an anoxic environment; Ag subsequently was reconcentrated into sulfides and selenides, whereas V was incorporated structurally into illite during early and late diagenesis. These types of Black Shale Series-hosted Ag-V and V deposits are, therefore, considered to be sedimentary-diagenetic in origin.

Jan 1, 1992

By Simon C. Dominy, Patrick R. Stephenson, Alwyn E. Annels

Abstract - The often complex, erratic, and localized nature of gold is a common feature of many vein-style gold deposits. This style of mineralization is often referred to as being nuggety or possessing a high-nugget effect. As a result of these complexities resource estimation is difficult and in general, only Exploration Results can be provided or an Inferred Mineral Resource estimated from surface drilling data alone. Underground development, further drilling, and probably bulk sampling will be required to delineate Indicated and Measured Resources. Tonnages can generally be estimated from diamond drill and development information with a reasonable degree of confidence. Grade is much more difficult to define with confidence because it is commonly highly erratic and discontinuous in nature. The dependency of higher confidence Resource categories on development information may create a Catch 22 situation, with funding for such development often depending on the prior definition of at least Indicated Resources. There are no easy solutions to these challenges posed by high-nugget effect deposits, and it is important when classifying and reporting not to downplay the uncertainties often associated with Mineral Resource and Ore Reserve estimates for such deposits. However, in common with all deposit types, if the principles that underpin the estimation, classification, and reporting procedures are borne in mind and common sense applied, most issues can be satisfactorily resolved. This paper discusses the classification and reporting of Mineral Resources for high-nugget effect gold vein deposits within the framework of the JORC Code (JORC, 1999).

Jan 1, 2001

By L. C. Galloway, P. M. Tiley

"Some progress has already been made in defining the parameters which will determine the performance of a guidance system in a mine shaft. Very little information is available, however, to help designers or operators predict the effects of varying these parameters in new or existing installations.The experience we have gained from monitoring a variety of installations has led to the development of a model which simulates the motion of a conveyance as it moves through a mineshaft, restrained by fixed guides.This paper presents a general analysis of the performance of the guidance system used in several installations, as well as a detailed description of the problem encountered at one mine and the steps taken to solve it.IntroductionOur company has investigated in some depth the problems that arise in the guidance of mine hoist conveyances.We have a telemetering accelerometer which we obtained to test mine hoist brakes. Frequently, during brake tests, the mine owners request us to use this instrument to measure the lateral motion of the conveyance ""to check guide alignment"". We have made such tests in shafts that have guide s of different kinds, including wooden guides, steel rail s and tubular steel guides. From these tests, we have gained some valuable information about guidance systems.In a well-aligned guidance system that is designed within common and well-known practice, the conveyance will experience very little shock most of the time. However, on rare occasions, shocks up to .5 g will occur. That is, the conveyance exerts a force of up to half its loaded weight on the guide. If the guide slips or is damaged by this force, it will be misaligned for future trips and become the cause of future shocks. In time, the whole guidance system can become misaligned."

Jan 1, 1982

Who is CIBC? ? Canadian Imperial Bank of Commerce (?CIBC?) is a leading North American financial institution. ? Total Assets: US$315 billion ? Market Capitalization: US$29 billion ? CIBC comprises three strategic business lines: ? CIBC Retail Bank ? CIBC Wealth Management ? CIBC Wholesale Bank ? CIBC Wholesale Bank is a leading North American investment bank with niche capabilities in Asia, Australia & Europe. ? 1,000 + employees around the world ? Product range includes: Mergers & Acquisitions advisory and financing, Equity and Debt issues, Merchant Banking and Strategic Lending ? CIBC is ranked as the #1 investment bank in Canada across most of its key products and industries ? #1 Equity Underwriter in Canada ? #1 Mergers & Acquisitions Advisor in Canada

May 1, 2010

By Don Peel, Jeremy Richards

Abstract - Aggregates (sand, gravel, and crushed stone) are low unit-cost products extracted in very large volumes for the construction of buildings, roads, and other infrastructure essential to modern society. Because of their low unit value, transportation costs are a key factor in resource economics, and deposits are commonly developed close to market (i.e., close to towns and cities, or along low-cost transportation corridors). This proximity results in potential conflict with residents over land use, disturbance, and pollution. Management of aggregate resources in Alberta is examined in the light of resource geology and distribution, and governance. A case history of development of the Calahoo-Villeneuve deposit is described, and the conflicts between residents and developers that led to establishment of an Area Structure Plan (ASP) are explored. The plan sets limits to, but at the same time safeguards, resource extraction, and defines terms for compensation to residents through a voluntary levy on production (Community Enhancement Fund). This fund is used to support community activities and to pay for a groundwater monitoring program. The ASP is examined within the context of the "Seven Questions to Sustainability" as set out by Mining,Minerals and Sustainable Development-North America (2002). It is concluded that the ASP, for the most part, provides a good model for conflict resolution and sustainable resource development, which could usefully be applied in other jurisdictions. The ASP was developed at a municipal level, and adoption at a provincial level would aid sustainable development of aggregate resources across the province.

Jan 1, 2003

By R. C. Rowe

DR. W. F. GRAY (Contributed discussion, presented at meeting by Mr. S. C. Mifilen): Mr. Rowe's suggestion that the Institute should organize itself to interpret the needs of the mining industry to federal and provincial mines departments should commend itself to our membership as sensible and practical, and as one which these public administrative bodies may welcome. One has to start with the premise that those who head the departments of mines in question have the welfare of the industry at heart. Also, it must be postulated that the technical viewpoint of our membership is necessarily free of political considerations. With these reservations, one ventures to state that both Mr. Rowe in his communication to the present session of the Institute, and Professor M. Y. Williams in his earlier communication to the Western Meeting, on The Geological Survey and Mining Development (1), voice the regret general among our membership at the abandonment of the honoured name, and to some extent of the status, of the Geological Survey of Canada. The writer, in 1932, devoted his Presidential Address to the Institute to an appreciation of the value to Canadian mining of the Geological Survey of Canada (2), affirming the desire of the Institute "that the work of the Survey shall be maintained at the highest pitch of efficiency the resources of our country will permit, because, to scrimp expenses on the Survey, is 'to save at the spigot and lose at the bunghole'." He believes that is still the opinion of the Institute, and, if contraction of the usefulness of the Survey is feared by our members at this time, it is incumbent upon the Institute, in fairness to those who direct our government, to say so in precise and explicit terms. Mr. Rowe puts the situation pithily when he writes: "We have reached a stage in our development where a stock-taking and co-ordination of existing knowledge and data is essential. This is a part of that basic function of Dominion mineral technical services which is national and not provincial in its scope".

Jan 1, 1939

By S. Theobald

Semi-finished copper and copper-alloy products are typically produced by casting, subsequent hot rolling or extruding and further cold working by rolling and drawing. The technological properties of the products depend not only on the chemical composition of the alloys but also on process parameters such as annealing conditions and degree of deformation. In each production step, measuring and control technology is an important tool for optimizing processes and ensuring constant high quality. This paper follows the product all the way from testing incoming scrap packages, chemical analysis of melts, mould level control in casting, non-destructive testing technologies in cold forming processes, controlling geometrical properties in the production process, to the final tests of technological properties. All test methods are focused on the applications and requirements of our customers, as the examples show.

Jan 1, 2007

By M. Sabau

The Electrowinning Plant at INCO's Copper Cliff Nickel Refinery is a precious metals upgrading plant. The feed to the plant contains copper, nickel, cobalt, iron, significant amounts of precious metals and some impurities. Copper is the most abundant element in the feed. This paper describes the major equipment and process changes over the last twenty years, geared to improve the tankhouse operation, workroom environment and recovery of copper from the acidic solution. Copper is plated on to titanium blanks using explosion-bonded crossrods, animal glue as a levelling agent, and an organic surfactant for mist control. The installation of the stripping machine in 2001 required a number of changes: cathode and anode contacts were redesigned, flat bus bars were replaced with dog-bone type, spacer boards for cathodes and anodes were installed, longer anodes started to be used, and the plating cycle was extended from seven to fourteen days. A number of initiatives for improvement are being carried out. Explosion-bonded crossrods are being replaced with titanium-clad crossrods. The plan for the near future is to increase copper production by increasing current efficiency and current density. The possibility of lowering the iron concentration in electrolyte and changing the acid mist control method is being investigated.

Jan 1, 2007

By A. Ismail

"The paper takes its material from three peat mining and power project feasibility studies sponsored by CANMET and conducted by Montreal Engineering Company Ltd. in the years 1976 to 1980. The role which peat may play in the Canadian energy prospectus is outlined, estimated and measured fuel peat resources are tabulated, and the economic and technical feasibility of mining peat for power generation is reviewed Recommendations are made for future work, and construction and disbursement schedules are developed for a combined peat mining and power generation project. The relationship between the mining of moss and fuel peat is discussed.IntroductionWhereas moss peat has long been produced in Canada, and exported for horticultural use , the underlying fuel peat has received little attention until fairly recently.In the seventies, however, the deepening oil crisis spurred Canadian interest in Irish, Finnish and Russian experiences in the utilization of fuel peat. Among others, Energy, Mines and Resources Canada had long been alive to the possibilities which indigenous peat offers, and in 1976 the Canada Centre for Mineral and Energy Technology (CANMET encouraged a proposal from Monenco to carry out a preliminary study and submit a report on the "" Assessment of Canadian Peat as an Alternative Fuel for Power Generation"". The report was submitted in April 1977. This was the first of a series of studies, and the authors of this paper were involved in its preparation.The escalating price of oil and the increasing problem of relying on its availability have combined to make alternative fuels more attractive. Peat, like other fuels previously uneconomic because oil was cheap, is now progressively gaining in viability. In addition to these factors, the utilization of peat has the following advantages: improvement in the country's balance of payments, by virtue of burning an indigenous fuel;creation of local employment for the mining of peat; improvement in land utilization;peat is a relatively clean-burning fuel, with low sulphur and ash contents."

Jan 1, 1980

By John Monhemius

Looking back over the past half century, it can be seen that the growth in the importance of hydrometallurgy for the production of non-ferrous and precious metals almost exactly parallels the rise of the environmental movement and its principal NGOs, such as Greenpeace and Friends of the Earth. The paper will review important landmarks in the development of the science and technology of hydrometallurgy and show how many of these have been influenced by pressures on the industry brought about by environmentalists. Successful innovations as well as commercial failures will be considered and reasons for the success or failure will be analysed and lessons drawn to guide future developments.

Jan 1, 2014

By G. Gabra

"A process of leaching niobium oxide from pyrochlore concentrate using hydrofluoric acid is described. Variables such as acid concentration, temperature, reaction time, solid/acid ratio, agitation speed and particle size are correlated to the recovery of niobium oxide.The relatively low activation energy (1,86 Kcal/mole) and the dependence of reaction rate on agitation suggest that the process is diffusion controlled. The optimum conditions for extracting niobium oxide from the leach solution, using either methyl isobutyl ketone or tributyl phosphate have been determined.IntroductionMost of the commercial production of niobium and tantalum has been derived from the treatment of columbite - tantalite minerals.In recent years (1960) , pyrochlore mineral has been found to be an alternate source of niobium . This mineral varies widely in composition and contains in addition to the main elements of calcium , sodium and niobium, some tantalum, fluorine, rare earth elements, titanium, alkali an d alkaline earth elements.It is well known that the province of Quebec possesses several pyrochlore niobium deposits totalling approximately 151 million ton s at an average 0.45% niobium oxide(1). One of the deposits, the St-Honor carbonatite, was brought into production by Niobec Inc. in 1976. Flotation o f this material produces a concentrate of about 60% Nb205(2).In view of an expanding niobium market in recent years and the presence of large niobium deposits in the province, a research and development program was initiated at the Centre de Recherches Miner ales to evaluate known processes for the separation of niobium and tantalum from each other as well as their purification . Some work has also been undertaken at the CRM to develop an improved extraction process. T his work will be the subject of further communication s."

Jan 1, 1985

By Marke Wong

? Vietnam?s economy is growing so fast that gross domestic product (GDP) growth remained above 8% in 2005 and exports are rising steadily at 25% per year. ? Demand for electricity is expected to increase 18% per year through 2010 requiring an additional estimated 7,547 MW before 2010 ? Domestic coal demand is expected to be over 45 Mt by 2010. ? The Quang Ninhcoal deposits are estimated at 6.5-7 billion tons (350m) Vietnam News Agency. Saturday, May, 6, 2006. ? National resources are now estimated at 10 billion tonnes; not including a relative new coal bed discovery estimated at 210 billion tonnesin the Red River Basin.

May 1, 2006

By B. D. H. Knights, N. B. du Preez

The recovery of the economy of the Democratic Republic of Congo has allowed for the rapid increase in production of copper from this region, while the increased price of cobalt continues to support the recovery of that country’s economy. This has enabled the modernization of the process technology used, particularly the change from direct electrowinning of copper to solvent extraction-electrowinning. With this change has come a variety of technical challenges in optimizing the recovery of cobalt from these sources. In this paper, we discuss aspects of the flowsheets for the production of cobalt from the ores of the DRC and Zambia, highlighting the technological improvements that have been made. Following this description of the practice, we assess the challenges of further improving the recovery and purity of cobalt from these sources. INTRODUCTION The African Copperbelt (Figure 1) is by far the biggest producer and holds the greatest reserves of cobalt (Sheed, 2015). However, the ores of this great mining region are extracted primarily for their copper content, and cobalt is a by-product. The ratio of copper-to-cobalt is between 6 and 20 to 1, with the ores from the DRC richer in cobalt than those from Zambia. The overall supply of cobalt, shown in Figure 2, is increasing due to an increase in demand for its use as a battery material. Cobalt is used in superalloys, hard metals, pigments, catalysts magnets, tyre adhesives, lithium-ion rechargeable batteries, and wear-resistant coatings, amongst others. Although these generic categories persist, Figure 3 shows how the relative usage of cobalt is changing due to the uptake of electric vehicles in China and Europe. Cobalt is a key element in lithium-ion batteries, and because it is widely anticipated that electric vehicles will be legislatively encouraged, it is anticipated that the demand for cobalt will rise. This anticipated increase in demand resulted in an increase in the price for cobalt, to which suppliers responded over-eagerly, and the price has dropped dramatically in the first few months of 2019, as shown in Figure 4. However, there is a clear cycle of price peaks in cobalt’s history.

Jan 1, 2019