Global, Chinese Cobalt Industry 2016 - 2019 Market Forecasts in 2014 Research Reports

DALLAS, December 9, 2014 /PRNewswire/ --

ReportsnReports.com adds Global and China Cobalt Industry Report, 2013-2016 as well as Market Research Report on Global and Chinese Cobalt Industry, 2009-2019 research reports to its online business intelligence and data library.

The "Global and China Cobalt Industry Report, 2013-2016" market research focuses on the analysis of operating conditions and cobalt business development of 4 global and 12 Chinese companies based on the analysis of global and China's cobalt mineral resources, policies, market supply and demand, price and competitive pattern. Affected by the global economic downturn and the slowdown in economic growth of China, in 2012, the growth rate of global output of cobalt fell sharply, with annual output of 110,000 tons, up by merely 0.9% year on year; the output of refined cobalt also declined dramatically, down 6.1 % year on year to 77,200 tons. In 2013, the global cobalt market rallied slightly, but it was still not optimistic as a whole, it is expected that annual output of cobalt in 2013 will show a year-on-year rise of about 3.6%.

China lacks of cobalt ore resources, with the total proven reserves of cobalt approximating 80,000 tons, accounting for just 1% of global total, and the vast majority of proven resources are associated ore, whereas independent mineralized cobalt ore occupies only 4.7 % of the reserves in China. Known cobalt ores in China are mainly distributed in Gansu province which makes up 30.5% of China's cobalt reserves. China is a big consumer of cobalt, which is primarily utilized in downstream sectors to produce battery, hard alloy, magnetic materials and other products. In 2012, cobalt used in batteries takes up 67% of total consumption of cobalt in China, up 4 percentage points from a year earlier.

Companies profiled in this global and Chinese cobalt market report include Umicore, Glencore Xstrata, Vale, Freeport, Shenzhen Green Eco-manufacture Hi-tech (002340), Huayou Cobalt, Jinchuan Group Co., Ltd., Shandong Jinling Mining (000655), Shaanxi Huaze Nickel & Cobalt Metal, Beijing Easpring Material Technology (300073), Zhejiang Galico Cobalt& Nickel Material Co., Ltd., Ramu Nico Management (Mcc) Limited, Jiangxi Jiangwu Cobalt Co., Ltd, Jiangxi Jiangwu Nickel and Cobalt New Materials Co. Ltd, Jiangxi Jiangwu International Nickel and Cobalt New Materials Co. Ltd and Nantong Xinwei Nickel Cobalt Technology Development Co., Ltd. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=272286 .

Jinchuan Group International Resources Co. Ltd is the largest producer of cobalt in China, possessing a complete integrated industrial chain of mineral exploration, mining, processing, smelting, refining and chemical engineering. As of the end of 2012, Jinchuan Group had boasted an annual production capacity of 9,100 tons of cobalt, a 50% market share in electrical cobalt market, and a 33% market share in cobalt oxide market. In 2012, Jinchuan Group acquired the South African company Mette Reese, thus adding cobalt mineral resources of 330,000 tons and cobalt metal base reserves of 88,000 tons.

Huayou Cobalt Co., Ltd. is the largest manufacturer of cobalt chemicals in China, with comprehensive cobalt production capacity ranking No.2 at home. It has KOLWEZI mine, NYOKA mine, KAMBOVE tailings and other mineral resources in Africa and other regions, with total amount of 31,900 tons of cobalt metal. By the end of 2012, the company had possessed an annual production capacity of cobalt chemicals with 5,550 tons of cobalt metal content, with sales-output ratio of 105.02%. According to the company's production plan, in 2013 the company's cobalt sales are expected to reach approximately 8,200 tons. Meanwhile, the company's ongoing project in Quzhou city will begin production in the second half of 2013 which will add a production capacity of 10,000 tons of cobalt chemicals.

Shenzhen Green Eco-manufacture Hi-tech Co., Ltd. is a leading Chinese manufacturer of cobalt powder. As of the end of 2012, the company's production capacity of cobalt powder was 2,000 tons. At the end of 2012, the company completed the acquisition on 51% stake of Jiangsu Cobalt Nickel Metal Co., Ltd. After the acquisition, the company's production capacity of cobalt oxide, electrodeposition cobalt and ternary materials reached 4,000 tons, 1,800 tons and 1,000 tons respectively. If the company's new high-performance nickel-cobalt-manganese ternary material project and other projects were included, the overall cobalt production capacity of the company will reach 16,000 tons in 2015.

The Market Research Report on Global and Chinese Cobalt Industry, 2009-2019 is a professional and in-depth market survey on Global and Chinese Cobalt industry. The report firstly reviews the basic information of Cobalt including its classification, application and manufacturing technology; The report then explores global and China's top manufacturers of Cobalt listing their product specification, capacity, Production value, and market share etc.; The report further analyzes quantitatively 2009-2014 global and China's total market of Cobalt by calculation of main economic parameters of each company; The breakdown data of Cobalt market are presented by company, by country, and by application; The report also estimates 2014-2019 market development of Cobalt Industry. The report then analyzes the upstream raw materials, downstream clients, and current market dynamics of Cobalt Industry. In the end, the report makes some proposals for a new project of Cobalt Industry and a new project of Cobalt Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2009-2014 global and China Cobalt industry covering all important parameters. This research is spread across 150 pages, provides 10 company profiles and is supported with required data tables and graphs.

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