Publication

Modelling the global primary extraction, supply, price and depletion of the extractable gogical resources using the cobalt model

2017
Book Chapters

Abstract

The global supply of cobalt was simulated by combining 3 different system dynamics models; BRONZE, PGM and STEEL. The present use of cobalt shows a low degree of recycling and systemic losses are significant. The reserves of cobalt are not very large (20-25 million ton extractable) as compared to metals like copper, zinc or iron, and after 2170 cobalt will have run out under a business-as-usual scenario. The present business-as-usual for cobalt use in society is therefore not sustainable.

Official source

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2017
Book Chapters

Abstract

Official source

Related concepts (15)

Cobalt-60

Cobalt-60 (60Co) is a synthetic radioactive isotope of cobalt with a half-life of 5.2714 years. It is produced artificially in nuclear reactors. Deliberate industrial production depends on neutron activation of bulk samples of the monoisotopic and mononuclidic cobalt isotope . Measurable quantities are also produced as a by-product of typical nuclear power plant operation and may be detected externally when leaks occur.

Cobalt

Cobalt is a chemical element with the symbol Co and atomic number 27. As with nickel, cobalt is found in the Earth's crust only in a chemically combined form, save for small deposits found in alloys of natural meteoric iron. The free element, produced by reductive smelting, is a hard, lustrous, silver metal. Cobalt-based blue pigments (cobalt blue) have been used since ancient times for jewelry and paints, and to impart a distinctive blue tint to glass, but the color was for a long time thought to be due to the known metal bismuth.

Foresight (futures studies)

In futurology, especially in Europe, the term foresight has become widely used to describe activities such as: critical thinking concerning long-term developments, debate and for some futurists who are normative and focus on action driven by their values who may be concerned with effort to create wider participatory democracy. Foresight is a set of competencies and not a value system, however. shaping the future, especially by influencing public policy.