World cobalt rich in resources, the distribution of concentrated.

       World cobalt rich in resources, the distribution of concentrated. According to the United States Geological Survey (USGS) 2016 Mineral Commodity Summaries (Mineral Commodity Summaries) statistics, in 2015 the world's reserves of 7.1 million tons of cobalt, storage than 57 years. The world's cobalt reserves are mainly concentrated in the Congo (DRC), Australia, Cuba, New Caledonia, Zambia and Russia, accounting for about 80% of the world's total cobalt reserves.
Congo (gold) cobalt reserves of 3.4 million tons, accounting for 48% of global cobalt reserves, ranking first in the world. With the exploitation of Congo (gold) cobalt resources, its storage and storage ratio has dropped from 286 in 2000 to 54, while Australia's storage ratio is on the rise. Global cobalt production growth is expected to be -7.67%.