Domestic Cobalt Flow and Mid-Term Demand Forecast

Cobalt tends to occur in the high risk regions of the world. Cobalt sources are typically concentrated in Congo, DRC, and there are concerns about supply security. Cobalt is used in the leading-edge industries including green technologies and aerospace industries. In terms of resource security, it i...

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Main Authors: Yuna SEO, Shinichirou MORIMOTO
Format: Article
Language:English
Published: The Mining and Materials Processing Institute of Japan 2016-04-01
Series:Journal of MMIJ
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/journalofmmij/132/4/132_66/_pdf/-char/en
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author Yuna SEO
Shinichirou MORIMOTO
author_facet Yuna SEO
Shinichirou MORIMOTO
author_sort Yuna SEO
collection DOAJ
description Cobalt tends to occur in the high risk regions of the world. Cobalt sources are typically concentrated in Congo, DRC, and there are concerns about supply security. Cobalt is used in the leading-edge industries including green technologies and aerospace industries. In terms of resource security, it is important to verify the domestic cobalt consumption trends. In order to resolve the domestic cobalt consumption trends in Japan in 2013, we tracked the cobalt consumption structure from material to end-uses by applying the bottom-up approach, and illustrated the recent domestic cobalt flow by using a substance flow analysis. Recent consumption in 2013 was driven primarily by the use of cobalt in Li ion batteries (7839 t) and nickel metal hydride batteries (1263 t). In total, 9413 t of cobalt was input to Japan in 2013. And also, we anticipated the future domestic cobalt demand up to 2020, based on the relationship between the historical consumption trends and GDP. It showed that cobalt demand would reach to 13162 t in 2020, that is, Li ion battery sector (11089 t) should hold the biggest demand in 2020, followed by NiMH battery sector (1004 t), carbide sector (320 t), magnet sector (360 t), etc.
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spelling doaj.art-cc656ee928434899b8a11416b06a652e2023-08-22T04:20:07ZengThe Mining and Materials Processing Institute of JapanJournal of MMIJ1881-61181884-04502016-04-011324667010.2473/journalofmmij.132.66journalofmmijDomestic Cobalt Flow and Mid-Term Demand ForecastYuna SEO0Shinichirou MORIMOTO1National Institute of Advanced Industrial Science and Technology (AIST)National Institute of Advanced Industrial Science and Technology (AIST)Cobalt tends to occur in the high risk regions of the world. Cobalt sources are typically concentrated in Congo, DRC, and there are concerns about supply security. Cobalt is used in the leading-edge industries including green technologies and aerospace industries. In terms of resource security, it is important to verify the domestic cobalt consumption trends. In order to resolve the domestic cobalt consumption trends in Japan in 2013, we tracked the cobalt consumption structure from material to end-uses by applying the bottom-up approach, and illustrated the recent domestic cobalt flow by using a substance flow analysis. Recent consumption in 2013 was driven primarily by the use of cobalt in Li ion batteries (7839 t) and nickel metal hydride batteries (1263 t). In total, 9413 t of cobalt was input to Japan in 2013. And also, we anticipated the future domestic cobalt demand up to 2020, based on the relationship between the historical consumption trends and GDP. It showed that cobalt demand would reach to 13162 t in 2020, that is, Li ion battery sector (11089 t) should hold the biggest demand in 2020, followed by NiMH battery sector (1004 t), carbide sector (320 t), magnet sector (360 t), etc.https://www.jstage.jst.go.jp/article/journalofmmij/132/4/132_66/_pdf/-char/enrare metalcobaltsubstance flow analysisdemand forecast
spellingShingle Yuna SEO
Shinichirou MORIMOTO
Domestic Cobalt Flow and Mid-Term Demand Forecast
Journal of MMIJ
rare metal
cobalt
substance flow analysis
demand forecast
title Domestic Cobalt Flow and Mid-Term Demand Forecast
title_full Domestic Cobalt Flow and Mid-Term Demand Forecast
title_fullStr Domestic Cobalt Flow and Mid-Term Demand Forecast
title_full_unstemmed Domestic Cobalt Flow and Mid-Term Demand Forecast
title_short Domestic Cobalt Flow and Mid-Term Demand Forecast
title_sort domestic cobalt flow and mid term demand forecast
topic rare metal
cobalt
substance flow analysis
demand forecast
url https://www.jstage.jst.go.jp/article/journalofmmij/132/4/132_66/_pdf/-char/en
work_keys_str_mv AT yunaseo domesticcobaltflowandmidtermdemandforecast
AT shinichiroumorimoto domesticcobaltflowandmidtermdemandforecast